Business unit acquired approximately €5.4bn in new orders in the first half of 2023

Adjusted EBITDA for renewables and energy solutions unit was $438m compared with $1bn in same period in 2022

Demand for offshore wind characterisation solutions helped to drive revenues by 24.1% in the period

Turbine maker confirms its guidance for FY 2023 of achieving an EBITDA margin of -2 to +3 %

Results due to strong performance in the EU and ‘normalisation’ of renewable generation and prices

EBITDA for the renewables business of the Italian energy company increased to €2bn in the first half of 2023