Senvion: Strongest First Quarter Order Intake Ever

Wind Industry Profile of

Q1 revenues at EUR 256 million, with adjusted EBITDA of EUR 1 million / 2018 guidance confirmed with 99% revenue coverage[1] / Q1 order intake up 37% year-on-year to EUR 484 million, five consistent quarters of order intake growth

Senvion, a leading global manufacturer of wind turbines, has recorded one of the strongest first quarter order intake ever in the first three months of 2018 driven by solid business in new markets such as Australia and India in particular. Order intake growth is expected to continue in 2018 due to a large pipeline secured in key markets, and it is likely to pave the way for further growth in 2019 and 2020. Senvion posted EUR 256 million in revenues the first quarter 2018 (PY: EUR 392 Million). The main reasons for this development were the... ... More: Official Press Release Senvion

Keywords:

Senvion, Q1, revenue, quarter, intake, order, turbine manufacturer