Highlights and Key Figures for Q3 2017

Highlights:
               Official opening of the new production plant at Maasvlakte 2 in Rotterdam
               Contract awards for Tritan Knoll (offshore wind) and Peregrino (oil & gas)
               Timely delivery of monopiles and transition pieces for Hohe See and Rentel  offshore wind parks
               Timely delivery of pin-piles for Oseberg and Sverdrup oil & gas jacket foundation

Key figures:
               Contribution Year to Date increased by 6.2% to € 104.7 million (€ 98.6 million YTD 2016)
               Normalized EBITDA Year to Date decreased by 18.2% to € 44.9 million (€ 54.9 million YTD 2016) 
               Operating Working Capital at end of Q3 2017 € 6,5 million (€ 18.1 million at end of Q2 2017)
               Net Debt at end of Q3 2017 € 32.1 million (€ 47.7 million at end of Q2 2017)
               Throughput of 59 Kton brings Year to Date production to 167 Kton (142 Kton YTD Q3 2016)

  • 90% for offshore wind
  • 10% for offshore oil & gas

               Orderbook 53 Kton for Q4 2017, 122 Kton for 2018 and 60 Kton for 2019

See attachment for the full release

Trading update Q3 2017.10November2017


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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Sif Holding NV via Globenewswire
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