Search results for: financial report

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  • 4 May 2011
    Business & Finance

      Vestas generated first-quarter revenue of EUR 1,060m, an increase of 25 per cent relative to the first quarter of 2010, and as announced realised a loss. The EBIT margin fell from (4.6) per cent to (6.5) per cent. The development confirms that revenue and earnings may show major quarter-onquarter fluctuations depending on the capacity […]

  • 26 October 2010
    Business & Finance

    Vestas reported a third-quarter profit and a positive free cash flow following the loss in the first half year of 2010. Vestas generated third-quarter revenue of EUR 1,722m against EUR 1,814m in the year-earlier period. EBIT margin was 10.7 per cent, against 13.5 per cent in the third quarter of 2009. Net working capital stood […]

  • 10 August 2012
    Business & Finance

    The Board of Directors of DONG Energy has today approved the interim financial report for the first half of 2012 with the following outlook and financial highlights compared with the first half of 2011: First-half 2012 EBITDA was DKK 6.6 billion compared with DKK 9.1 billion in the first half of 2011 and was affected […]

  • 16 August 2011
    Business & Finance

      The Board of Directors of DONG Energy has today approved the interim financial report for the first half of 2011 with the following outlook and key performance indicators compared with the first half of 2010: EBITDA was DKK 9.1 billion compared with DKK 8.4 billion in the first half of 2010. The increase was […]

  • 1 November 2012
    Business & Finance

    The Board of Directors of DONG Energy has today approved the interim financial report for the first nine months of 2012 with the following outlook and financial highlights compared with the first nine months of 2011: EBITDA for the first nine months of 2012 was DKK 6.7 billion compared with DKK 11.7 billion in the […]

  • 22 April 2013
    Business & Finance

    The Board of Directors of DONG Energy has today approved the interim financial report for the first quarter of 2013 with the following financial highlights and outlook compared with the first quarter of 2012: — First-quarter 2013 EBITDA was DKK 4.6 billion, up from DKK 3.6 billion in the first quarter of 2012, primarily reflecting […]

  • 4 May 2018
    Business & Finance

    Vattenfall has made an official offshore wind turbine order with Siemens Gamesa for its Vesterhav Syd and Nord nearshore wind farms, according to the turbine manufacturer, which would otherwise report no order intake in its offshore segment for the second quarter of the year.

  • 24 July 2013

    Otto Jager (43) has been appointed Chief Financial Officer of TenneT Holding B.V. effective 1 August 2013. He will join the Management Board as statutory member replacing Eelco de Boer (59) who, after a planned period of more than three years, will step down as statutory CFO of TenneT on the same date. Otto Jager […]

  • 29 October 2015
    Business & Finance

    DONG Energy’s earnings were 14% higher in the first nine months of 2015, compared with the same period last year, the company reported today in its interim financial report for 9M 2015. DONG said earnings (EBITDA) were up by 14% in the first nine months from DKK 13.0 billion (approx. EUR 1.7 billion) in 2014 to DKK 14.8 billion (approx. […]

  • 20 May 2011
    Business & Finance

      Scottish and Southern Energy plc announced financial report for the year to 31 March 2011. Lord Smith of Kelvin, Chairman of SSE, said: “SSE’s key financial objective is to deliver above-inflation increases in the dividend every year, and this has again been achieved. SSE is one of just six FTSE 100 companies to have […]

  • 26 February 2020
    Wind Farm Update

    The East Anglia ONE wind farm project has complied with all the Operational Conditions Precedent (OCPs) to begin receiving payments under the Contracts for Difference scheme in the United Kingdom, Iberdrola said. The added capacity at East Anglia ONE has increased Iberdrola’s installed offshore wind capacity by 77.1% year-on-year, from 544MW at the end of […]

  • 9 November 2015
    Business & Finance, Grid Connection

    German wind farm project developer PNE Wind AG is optimistic about the future on the account of a well-filled development pipeline for offshore and onshore wind projects, Markus Lesser, the company’s Interim CEO and COO, said in the company’s financial report for the quarter ended September 30. At the end of the third quarter 2015, the Cuxhaven-based […]

  • 17 September 2015
    Authorities

    Following a recommendation by the Smith Commission, the Crown Estate’s management functions in Scotland will be transferring to the Scottish Government.  The Crown Estate has put in place a distinct Scottish operating division with its own business plan, management information and financial reporting. This new business division will be led by Ronnie Quinn, who is currently […]

  • 16 December 2013
    Business & Finance

    Ocean Power Technologies, Inc. (OPT), a wave energy technology company, has announced the appointment of Mark A. Featherstone as Chief Financial Officer, effective December 12, 2013. Mr. Featherstone, 52, is a seasoned executive with 30 years of experience working with capital markets, regulatory and accounting matters, strategic alliances and treasury management. “We are very pleased […]

  • 1 July 2019
    Wind Farm Update

    UAE-based Lamprell has held a steel cutting ceremony to mark the start of construction of jacket foundations for the 950MW Moray East wind project offshore Scotland. GeoSea, part of DEME Offshore, the Engineering, Procurement, Construction and Installation (EPCI) contractor for the project’s 100 wind turbine foundations and three offshore substation foundations, contracted Lamprell to fabricate 45 wind turbine and […]

  • 28 August 2019
    Ports & Logistics

    Dutch offshore foundations manufacturer Sif has completed the new coating facilities at Maasvlakte 2 in the Port of Rotterdam. Sif added the two extra coating halls in response to stricter requirements for coating as the wind farms are venturing into deeper waters in an effort to lower the costs and generate more energy. The new coating facilities […]

  • 25 July 2018
    Business & Finance

    TenneT invested EUR 904 million in Dutch and German high-voltage grids in the first half of 2018, which represents an increase compared to EUR 750 million in the first half of 2017, according to the company’s latest financial report.

  • 1 August 2018
    Business & Finance

    Fugro saw a 16.6% increase in revenue in the first half of 2018, said to be driven mainly by strong growth in the offshore wind, building and infrastructure and recovering oil & gas markets in the second quarter of the year.

  • 23 October 2016
    Authorities, Business & Finance, Environment, Grid Connection, Operations & Maintenance, R&D, Technology, Training & Education, Vessels, Wind Farm Update

    Elisa Floats Self-Installing Offshore Wind Turbine Researchers gathered around the EU-funded Elisa Project have developed an offshore wind turbine system that can be completely pre-assembled and pre-commissioned in controlled harbour conditions. The Big League Offering Lowest Offshore Wind Prices (Interview with Vattenfall) When you are talking with people working in real estate, there is a […]

  • 10 May 2016
    Business & Finance, Operations & Maintenance, R&D

    Hamburg-based wind turbine maker Senvion recorded EUR 29 million revenue generated by its offshore wind segment in the first quarter of 2016, a 3.6% increase compared to EUR 28 million offshore wind-related  revenue reported for the same period a year earlier. Net firm orders for the quarter stood at EUR 1.8 billion, with 35 percent […]

  • 26 March 2019
    Business & Finance

    Lamprell is on track to cut the first steel for the jacket foundations destined for the Moray East offshore wind farm in the second quarter of the year, according to the company’s latest financial report. Lamprell won the contract to fabricate 45 wind turbine and three substation jacket foundations at the end of last year, with […]

  • 28 April 2016
    Vessels, Wind Farm Update

    The first wind turbine foundations have been installed at the 350MW Wikinger offshore wind farm, Iberdrola, the owner and developer of the wind farm located in the German part of the Baltic Sea, said. The milestone was announced in the Spanish utility’s financial report for the first quarter of 2016. Iberdrola awarded the EUR 135 million contract […]

  • 11 November 2016
    Business & Finance

    innogy, a renewable energy, retail and grid spin-off of the German energy company RWE, issued its first independent financial report following the Initial Public Offering (IPO) in October, reporting a dip in earnings in the first nine months of 2016. The results were negatively affected by  high expenditure on grids and absence of positive one-off effects […]

  • 20 October 2016
    Business & Finance

    “Challenging oil and gas market” has somewhat become an inevitable reference point in financial reports of companies working in the offshore energy sector. Still, those involved in the offshore wind market usually have positive figures to report. This is also the case with Fugro, whose revenue declined by 20.4% in Q3 2016 due to the oil and gas downturn, […]

  • 4 November 2011
    Business & Finance

      The Board of Directors of DONG Energy has today approved the interim financial report for the first nine months of 2011 with the following outlook and key performance indicators compared with the first nine months of 2010: EBITDA was DKK 11.7 billion, up from DKK 10.6 billion in the first nine months of 2010, […]

  • 22 March 2017
    Business & Finance, Contracts & Tenders, Ports & Logistics

    Offshore wind farm components accounting for 1,100MW of capacity were shipped from the Port of Esbjerg in 2016, more than double the amount in 2015, according to the port, which reported a record turnover of EUR 30.94 million and a record net profit of EUR 10.68 million for 2016.