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Senvion Deutschland GmbH Überseering 10 22297 Hamburg, Germany http://www.senvion.com/gmbh/de
Contact Mr Immo von Fallois +49 40 55550903770
Company logo of Senvion Deutschland GmbH
Senvion Deutschland GmbH

Senvion preparing the path to profitable growth

(PresseBox) (Hamburg, )
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- 2016 revenue at EUR 2.21bn with adjusted EBITDA of 9.3%, in line with guidance
- 2019 targets show growth of 40%+ in absolute adjusted EBITDA from 2017 guidance
- Company-wide efficiency programme (Move Forward) initiated with first set of public announcements to aid growth strategy for 2019

Senvion, a leading global manufacturer of wind turbines, closed its financial year 2016 with revenues of EUR 2.21bn and adjusted EBITDA margins of 9.3%. Revenues were marginally lower than expected due to minor project delays out of Senvion's control, but it still grew by 3.4% year-on-year. Senvion has reached firm order intake of EUR
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