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MarketScreener Homepage  >  Equities  >  Xetra  >  Senvion S.A.    SEN   LU1377527517

SENVION S.A.

(SEN)
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Siemens Gamesa to buy assets from wind turbine maker Senvion

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10/21/2019 | 02:32am EST
FILE PHOTO: A model of a wind turbine with the Siemens Gamesa logo is displayed outside the annual general shareholders meeting in Zamudio

BERLIN (Reuters) - German-Spanish wind energy company Siemens Gamesa has agreed to buy selected European assets from insolvent German wind turbine manufacturer Senvion for 200 million euros (172.63 million pounds).

Siemens Gamesa said the assets it is buying include a large part of Senvion's European onshore services business, all its intellectual property as well as an onshore blade manufacturing facility in Vagos, Portugal.

Senvion, which is in self-administration after becoming insolvent in April, said the deal would secure the jobs of more than 2,000 of its staff, close to 60% of the total, adding it was working on finding additional solutions.

(Reporting by Emma Thomasson; Editing by Tassilo Hummel)

Stocks mentioned in the article
ChangeLast1st jan.
SENVION S.A. -11.11% 0.04 Delayed Quote.-97.95%
SIEMENS AG -0.74% 112.94 Delayed Quote.16.86%
SIEMENS GAMESA RENEWABLE ENERGY 1.72% 12.845 End-of-day quote.19.27%
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Financials (EUR)
Sales 2018 1 448 M
EBIT 2018 -17,8 M
Net income 2018 -78,3 M
Debt 2018 283 M
Yield 2018 -
P/E ratio 2018 -0,06x
P/E ratio 2019 -
EV / Sales2018 0,20x
EV / Sales2019 0,14x
Capitalization 5,12 M
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Technical analysis trends SENVION S.A.
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TrendsBearishBearishBearish
Income Statement Evolution
Consensus
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Mean consensus HOLD
Number of Analysts 1
Average target price 4,00  €
Last Close Price 0,07  €
Spread / Highest target 5 614%
Spread / Average Target 5 614%
Spread / Lowest Target 5 614%
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Managers
NameTitle
Yves Rannou Chief Executive Officer
Eugene Davis Chairman-Supervisory Board
Steven D. Scheiwe Member-Supervisory Board
Timothy Bernlohr Member-Supervisory Board
Dirk Luttermann Head-Marketing
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