Revenues were down and the net loss at Germany-based OEM Senvion widened in the third quarter of 2018, driven by a decline in onshore revenues in Europe, but conditional orders increased due to contract signatures in India, the US and Spain, boding well for a future recovery.
"We have seen a very challenging 2018 so far, both in terms of industry developments and also as a company that is growing its presence in new markets,” acting chief executive Manav Sharma said.
