The company has reported strong 2016 results. Revenues jumped 52.1% to €4.6bn and EBITDA turned from a negative €84.2m to a positive €603.8m. EBIT reached €479.2m after a loss of €180.2m. Net income reached €301.3m. Order intake increased 20.7% to 4,687MW and the order backlog 11.1% to 3,552MW. The book-to-bill ratio reached 1.1x. The volume of installations in MW increased 27% to 4,262MW. Total accumulated installations reached 38,875MW and the market share rema
06 Mar 2017
Excellent performance a year ahead of schedule
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Excellent performance a year ahead of schedule
- Published:
06 Mar 2017 -
Author:
Heinz Steffen -
Pages:
2
The company has reported strong 2016 results. Revenues jumped 52.1% to €4.6bn and EBITDA turned from a negative €84.2m to a positive €603.8m. EBIT reached €479.2m after a loss of €180.2m. Net income reached €301.3m. Order intake increased 20.7% to 4,687MW and the order backlog 11.1% to 3,552MW. The book-to-bill ratio reached 1.1x. The volume of installations in MW increased 27% to 4,262MW. Total accumulated installations reached 38,875MW and the market share rema