The company reported solid Q3 16 results. Revenues jumped 30.1% to €1.14bn and MWe sold rose 31% from 819MW to 1,076MW. The order intake increased 8% to 1,090MW and profited from a strong contribution of a new generation of products. EBITDA jumped 53.6% to €146.7m. The EBITDA margin improved from 10.8% to 12.8%. EBIT also jumped by 58.2% to €110.5m and the EBIT margin improved from 7.9% to 9.6%. Revenues of the WTG division jumped 35.7%, whereas service revenues declined 5.1% t
16 Nov 2016
Strong third quarter, guidance increased
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Strong third quarter, guidance increased
- Published:
16 Nov 2016 -
Author:
Heinz Steffen -
Pages:
3
The company reported solid Q3 16 results. Revenues jumped 30.1% to €1.14bn and MWe sold rose 31% from 819MW to 1,076MW. The order intake increased 8% to 1,090MW and profited from a strong contribution of a new generation of products. EBITDA jumped 53.6% to €146.7m. The EBITDA margin improved from 10.8% to 12.8%. EBIT also jumped by 58.2% to €110.5m and the EBIT margin improved from 7.9% to 9.6%. Revenues of the WTG division jumped 35.7%, whereas service revenues declined 5.1% t