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LM Wind Power reports revenue of € 287.2 million (up 50.3% year-on-year) and EBITDA of € 47.1 million (up 71.0% year-on-year) in the third quarter of 2016.
EBIT was € 30.1 million for Q3 2016, compared with € 16.4 million in Q3 2015. The company reported a net profit of € 16.7 million for Q3 2016, compared with a loss of € 1.2 million in Q3 2015. Liquidity was € 130.3 million as at 30 September 2016, compared with € 133.6 million as at 30 June 2016.
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| #44 Vestas V162 wind turbines installed in Reher, Germany (courtesy Karol Kosmowski) |
| Every week on our website and in our email newsletter we want to show you that wind energy is more than just technology. We therefore invite you to send stunning pictures of wind turbines inspired by “light” (in the broadest sense of the word). After 52 submissions we will announce the winner of the year’s best picture! Email your photo to Include turbine model, location and name of photographer. (size of the published photo will be 336 px width x 280 px high). |
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