2017-11-23
http://w3.windfair.net/wind-energy/news/26611-senvion-financial-targets-q3-guidance

Q3: Senvion's Performance in Line with Guidance

Image: SenvionImage: Senvion
Order increase by 51% in the first nine months compared with the same period in 2016, bt worsening industry dynamics
Keywords:
Senvion, financial targets, Q3, guidance

Official Press Release Senvion:

Wind Industry Profile of
Senvion results in line with 2017 financial guidance

Senvion results in line with 2017 financial guidance

9M revenues in line with guidance at EUR 1,309 million / Adjusted EBITDA EUR 103 million in 9M FY 17, with a margin of 7.9% / Year-on-year rise in firm order intake of 51% to EUR 1,276 million / Q3 positive free cash flow of EUR 44 million

Senvion, a leading global manufacturer of wind turbines, is making substantial progress in meeting its financial targets for 2017. Senvion posted revenues of EUR 1,309 million in the first nine months of 2017, a decline of 10% in a challenging market environment. The adjusted EBITDA margin was 7.9%, in line with Senvion's expectations. The... ... More: Official Press Release Senvion





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