EnergyWatch

LM Wind Power delivers huge boost

Danish blade producer LM Wind Power booked a huge revenue jump in the third quarter.

Revenue rose by 50 percent to EUR 287.2 million following rising volumes, but it was also assisted by the company's activities in Brazil which are now fully included in the figures after previously constituting a joint venture with a partner.

Meanwhile, a new Indian factory has now been included and is therefore pulling revenue up. LM Wind Power also adds that there have been steps forward across all geographic regions, and that Europe has had the highest growth rate.

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