Senvion S.A. announced earnings results for the first six months of 2018. The company announced that Revenues of EUR 466 million for the first half of 2018 were mainly driven by the low installation activity in first half due to the back-end loaded installation schedule. Consequently, adjusted EBITDA was reported at EUR 13 million at a margin of 2.9%.

The company Provides Earnings Guidance for the Full Year 2018. The company confident of achieving its guidance on the basis of 100% order coverage at the lower end of its revenue guidance of EUR 1.8 billion-EUR 1.9 billion. Driven by heavy installation and inventory conversions, the company also expects to generate positive free cash flow in the second half of the year.