2018-06-20
http://w3.windfair.net/wind-energy/news/27541-nordex-sales-turbines-capacity-earning-2017

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.
Keywords:
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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