Senvion Meets Financial Targets in "challenging" 2017

Wind Industry Profile of

CY 17 revenues at EUR 1,890 million, adjusted EBITDA of EUR 152 million, with a margin of 8.0 % in line with guidance / Order intake of EUR 1,776 million, 36 % year-on-year growth / 4th largest in EMEA region, market share gains in key geographies

Senvion, a leading global manufacturer of wind turbines, has met the company's targets for 2017. The adjusted EBITDA margin amounted to 8.0 % as guided last year. In a challenging market environment, Senvion achieved robust revenues of EUR 1,890 million in 2017. Some project delays led to a minor shift in revenues to 2018. Senvion's firm order intake of EUR 1,776 million was 36 % higher than in 2016. The company's initial order intake guidance of EUR 2 billion was affected by the delay of two key order conversions, both of... ... More: Official Press Release Senvion

Keywords:

Senvion, revenue, order intake, financial target