Nordex Sales Down

Image: NordexImage: Nordex
Project delays are causing the dip in sales, but the company has also been adjusting structural costs last year.
Nordex, sales, turbines, capacity, earning, 2017

Nordex Group closes 2017 in line with guidance

Wind Industry Profile of
Nordex Group closes 2017 in line with guidance

Official Press Release Nordex:

Sales of just under EUR 3.1 billion / EBITDA margin of 7.9% / Capital spending of EUR 144 million for future growth / Structural costs permanently reduced by EUR 45 million

On the basis of its preliminary figures, the Nordex Group (ISIN: DE000A0D6554) generated sales of EUR 3.08 billion in 2017 (2016: EUR 3.4 billion). This sales performance, guided during Q3, does also reflect some project delays. At the same time, the Group installed new ... More: Official Press Release Nordex

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