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- Order intake increases in Q1 2017 by 20.5% compared to Q4 2016
- Revenue suffered due to the business disruption under the protective shield, backlog end of March amounts to €97.7 million, Revenue recognition resulting at € 33.5 million
- Finalisation of the Protective Shield and better opening backlog will lead to improved revenues
- Cash position of € 16.8 million
- Paul van der Harten hired as Group CFO
- Year-end orders Euro 172.7m, same level as last year on a like-for-like basis
- Revenue of Euro 165.1m, same level as last year on a like-for-like basis
- Cash Position Euro 14.9 m at the end of 2016
- Normalized EBITDA improves for the full year and in Q4 2016
- Protective shield proceedings in Germany governs IFRS accounting policies since November 22, 2017 the start of the procedure
April 26, 2017, Luxembourg / Zwanenburg, The Netherlands. 3W Power S.A. (ISIN LU1072910919, 3W9K), the holding of AEG Power Solutions Group, announced...