Nordex reports sharp guidance cut

The German wind OEM is eying a massive cut for Q4, downgrading its guidance for full-year primary operations to around 1 percent from the previous 5.5 percent.
Photo: Nordex
Photo: Nordex
by MAZ PLECHINGER, translated by jonas sahl hollænder

The ills of the times are affecting Nordex as well. In an update preceding next week's quarterly fiscal report, the German wind turbine manufacturer reports mounting pressure from inflation, logistical challenges and other problems impacting the figures of competitors last week.

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    On June 1, Senvion's former CFO Manav Sharma started as US country manager for Nordex. Soon he will have a new factory at his disposal. | Foto: Senvion

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