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Senvion S.A. confirms annual guidance of EUR 2.25-2.3bn revenues in 2016 - 11.2016

Senvion S.A., Luxembourg / Senvion Deutschland GmbH, Hamburg: Senvion has increased its revenues to EUR 584m in the third quarter 2016, up 15.6 percent compared to the previous quarter. With adjusted EBITDA growing to EUR 60m, Senvion further improved its profitability and posted an adjusted EBITDA margin of 10.3 percent. The EBITDA margin for the 9 Month 2016 also improved by nearly 1% yoy to 9.1%. The third quarter results confirm that Senvion is on track to meet its annual guidance for the full year 2016. Jürgen Geissinger, CEO of Senvion, said: "On the back of our continual rollout of innovative and energy cost efficient products, we continue to make progress on our global growth strategy successfully. We will continue to develop tailored products for all wind categories to be available for the specific requirements in our growth markets, which will be the base for our future profitable growth."  ... read more - lmv-jobboerse - lmv-presse - Manfred Lorenzen, Soest
Senvion S.A. / Senvion Deutschland GmbH