Turnover: 9.8 billion EUR (2022)
Country: Germany
Senvion designs, manufactures and markets onshore and offshore wind turbines
News
Wind power: Siemens Energy's losses soar 08/08/2023
- Siemens Energy, the world's second-largest wind turbine manufacturer, posted a loss of almost three billion euros in its third fiscal quarter.
- The company had already announced an increased failure rate in June, which caused its shares to fall by almost 40% on the stock market.
- The company estimates the costs of resolving its quality problems at 1.6 billion euros, which were taken into account in the last quarter.
- The company expects an after-tax loss of 4.5 billion for the full 2022-2023 financial year, despite sales growth of 9-11%.
Senvion is an internationally active company that has built more than 8,000 wind turbines since its creation. In France, more than 2,500 MW have been installed since the branch was established in the country in 2002. In 2007, the Indian company Suzlon bought out Areva's stake in the company to acquire it.
The company markets a large number of turbine models. While the 6.3M152 has a rated power of 6,330 kW, the 4.2M140 EBC has a rated power of 4,200 kW.
The company is listed on the stock exchange, its main shareholders are :
- Centerbridge Partners (51.3%)
- Schroder Investment Management (3.2%)
Financial Data
DUNS: 440088938
Legal Name: SIEMENS GAMESA RENEWABLE ENERGY SERVICE
Address: 10 AV DE L ARCHE LES FAUBOURG DE L ARCHE LE COLISEE, 92400 COURBEVOIE
Number of employees: Entre 100 et 199 salariés (2020)
Capital: 550 000 EUR
Financial Data:
| Year | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|
| Turnover | 18 738 542 | 15 846 935 | 20 147 508 | 21 170 470 | 22 064 009 | 22 895 060 | 20 000 113 |
| Gross margin (€) | 19 060 090 | 15 995 807 | 20 842 413 | 22 215 527 | 23 469 328 | 23 030 358 | - |
| EBITDA (€) | 2 709 076 | 4 067 585 | 1 342 475 | 587 628 | 341 706 | 2 060 213 | - |
| Operating profit (€) | 2 951 084 | 3 798 517 | 1 728 143 | 1 235 353 | 1 355 326 | 1 870 470 | - |
| Net profit (€) | 1 550 242 | 578 864 | -13 838 516 | 1 224 295 | 1 289 832 | 2 368 629 | 1 008 835 |
| Turnover growth rate (%) | 18,2 | -21,3 | -4,8 | -4 | -3,6 | 49,2 | - |
| Ebitda margin rate (%) | 14,5 | 25,7 | 6,7 | 2,8 | 1,5 | 9 | - |
| Operating margin rate (%) | 15,7 | 24 | 8,6 | 5,8 | 6,1 | 8,2 | - |
| Working Capital (turnover days) | 52,2 | 209,2 | -52,3 | 190,4 | 144,3 | 120,7 | - |
| Working Capital requirements (turnover days) | 98,4 | 249,4 | -28,2 | 275,8 | 250,9 | 243,2 | - |
| Net margin (%) | 8,3 | 3,7 | -68,7 | 5,8 | 5,8 | 10,3 | - |
| Added value / Turnover (%) | 73,4 | 75,3 | 68,9 | 65,6 | 62,7 | 66,2 | - |
| Wages and social charges (€) | 10 761 771 | 7 669 430 | 12 123 440 | 12 840 656 | 13 035 299 | 12 843 662 | - |
| Salaries / Turnover (%) | 57,4 | 48,4 | 60,2 | 60,7 | 59,1 | 56,1 | - |
Company Managers:
| Position | First Name | Last Name | Age | |
|---|---|---|---|---|
| Président | Filippo | CIMITAN | 43 | |
| Directeur général | Isabelle, Blanche, Odette | JUILLET | 51 |
Studies mentioning this company
The wind turbine market - France
Other companies mentioned:
- Vestas
- Goldwind
- GE Renewable Energy France
- Enercon
- Suzlon
- Siemens Gamesa
- Boralex
- New World Wind
- Sereema
- Atlantique Offshore Solutions (Chantiers de l'Atlantique)
- Nordex
- Singulair
- Vergnet
The offshore wind market - France
Other companies mentioned:
- Goldwind
- Siemens Gamesa
- Suzlon
- Vestas
- Enercon
- Engie
- Boralex
- Atlantique Offshore Solutions (Chantiers de l'Atlantique)