Revenues and operating profit at Senvion fell in the first half, while its net loss widened due to restructuring expenses, but the Germany-based turbine maker’s order intake surged thanks to firming offshore wind deals.
Revenues in the first half of 2017 fell to €829.6m ($975.1m) from €869.5m in the year-earlier period, as a rise in service and offshore revenues couldn’t compensate fully for a decline in onshore turbine sales that was triggered by collapsing onshore revenue in the Americas.
