The last turbine maker in line drops its guidance

Although Nordex improved its earnings in the first quarter of the year, the German OEM sees a corona bludgeoning on the horizon, dropping its forecast for 2020.

by MAZ PLECHINGER

Due to the corona pandemic, traffic has lessened greatly across sectors. Wind OEM Vestas noted earlier this week logistical problems giving red figures on the bottom line and a continued cancellation of the company's expectations for the year.

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Siemens Gamesa's Nordic problems grow
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Vestas suspends guidance for 2020
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