Senvion ends the year with the highest order intake quarter of 2016

DGAP-News: Senvion S.A. / Key word(s): Incoming Orders/Sales Result

16.01.2017 / 10:00
The issuer is solely responsible for the content of this announcement.



Senvion ends the year with the highest order intake quarter of 2016

- Q4 Firm Order Intake reaches EUR458 million

- Firm order intake for 2016 reaches EUR1,304 million

- In Addition, closing German conditional order book with permits at EUR241 million

- Total conditional order book closes at EUR1,765 million

Hamburg: Senvion, a leading global manufacturer of wind turbines, has reached an order intake of EUR1,304 million in 2016. In addition, conditional orders in Germany worth EUR241 million have received requisite permits and now wait for conversion into firm orders in H1/17. With a closing conditional order book of EUR1,765 million, the company witnessed an increase of 10% compared to conditional order book of EUR1,598 million at the end of 2015.

Jürgen Geissinger, CEO of Senvion, states: "We are proud of the successful end to the year with substantial order intake. With our clear growth strategy and our quality solutions, we have once again demonstrated that we are reliable partners in our core markets as well as offering ideal choices in our New Markets. Our partners and customers trust our services and all of us at Senvion remain fully committed to meeting the highest demands."

Within the last quarter of the financial year, Senvion has won a large number of international contracts. The wind turbine manufacturer has also signed many onshore contracts in its core markets. Most of them were closed in Germany, adding EUR149 million to its firm order intake, followed by the other core markets UK (EUR112 million) and France (EUR113 million).

The Chilean conditional orders of 300 MW for the Sarco and Aurora wind farms have not converted to firm orders before year end due to a delay in financial close. The financial close of both contracts is expected in Q1/17 and the goal to finalize installation within 2017 remains unchanged.

 

About Senvion:
Senvion is a leading global manufacturer of onshore and offshore wind turbines. The company develops, produces and markets wind turbines for almost any location - with rated outputs of 2 MW to 6.15 MW and rotor diameters of 82 metres to 152 metres. Furthermore, the company offers its customers project specific solutions in the areas of turnkey, service and maintenance, transport and installation, as well as foundation planning and construction. The systems are designed at the Senvion TechCenter in Osterrönfeld and manufactured at its German plants in Husum (North Friesland), Trampe (Brandenburg) and Bremerhaven, as well as Portugal. With approximately 4,000 employees worldwide, the company makes use of the experience gained from the manufacture and installation of more than 6,600 wind turbines around the world. The company's operational subsidiary Senvion GmbH is based in Hamburg and represented by distribution partners, subsidiaries and participations in European markets such as France, Belgium, the Netherlands, the UK, Italy, Romania, Portugal, Sweden, and Poland as well as on a global level in the USA, China, Australia and Canada. Senvion S.A. is listed on the Prime Standard of the Frankfurt Stock Exchange.

 

Press contact Senvion:
Immo von Fallois
phone: +49 40 5555 090 3770
mobile: +49 172 6298 408
email: immo.von.fallois@senvion.com
Marie-Danielle Laggner
phone: +49 40 5555 090 3040
mobile: +49 172 27 67 793
email: marie.laggner@senvion.com
 

Investor Relations contact Senvion:
Dhaval Vakil
phone: +44 20 7034 7992
mobile: +44 7788 390 185
email: dhaval.vakil@senvion.com



16.01.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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