Acquisition boosts revenue at wind supplier despite tough conditions

Acquisitions and progress in other divisions made up for a difficult year in the wind turbine business at Hydraspecma.
"When we made the budgets for 2023, we had hoped for strong growth in the division, but then we saw the downward adjustments in the industry," says CEO Morten Kjær. | Photo: PR/HydroSpecma
"When we made the budgets for 2023, we had hoped for strong growth in the division, but then we saw the downward adjustments in the industry," says CEO Morten Kjær. | Photo: PR/HydroSpecma

Although the activity level in Hydraspecma’s wind turbine division was flat in 2023, the financial year ended with massive growth, especially on the top line.

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