2019-07-21
http://w3.windfair.net/wind-energy/news/27693-senvion-revenue-order-intake-financial-target

Senvion Meets Financial Targets in "challenging" 2017

Image: SenvionImage: Senvion
Order intake grows / Robust revenues

Official Press Release Senvion:

Senvion meets 2017 financial targets

Wind Industry Profile of
Senvion meets 2017 financial targets

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







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