Nordex: Now we are in the top four
The manufacturer banks on improved sales margins for its new wind turbines but expects the same sales prices this year. Despite the company's projections for massive late-year activity, it will not build up its inventories.
An order intake of roughly 3.6 GW did not play end up playing a central role when Nordex presented its 2018 annual financial statement on Tuesday. And that is quite understandable, given the report's red bottom line figures and a 20 percent decline in revenue. However, the German company also makes the perennial point about looking toward the future and thus is already able to work itself into a state of optimism.
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