Revenues at Germany-based wind turbine manufacturer Senvion in the third quarter 2016 suffered from a decrease in onshore turbine sales in its home market, but earnings were impacted by write-downs related to the OEM’s recent IPO.

Revenue fell to €584.3m ($631.4m) in the third quarter from €608m a year earlier as a decrease in German onshore revenues was only partially compensated by higher sales in the UK, France, Portugal and offshore.

Revenue