Wind OEM Senvion claimed its cost-cutting programme is well underway, as it unveiled first quarter figures in line with expectations.

The Germany-based manufacturer posted revenues of €392m ($426.1m) in the January-March period, a 7.7% rise on the same quarter in 2016, underpinned by a stronger showing from the Senvion offshore business thanks to start of installation at the Nordsee One project.