Nordex anticipates decline in turbines sales for the year
Germany's Nordex has lost some of its faith in times to come. The wind turbine manufacturer, which acquired Spain's Acciona last year, announced Thursday that it expects this year's sales to land in the range of EUR 3.1 billion and EUR 3.3 billion, with an EBITDA margin of 7.2 to 8.2 percent. This is a setback from the outlook for this year which comes to EUR 3.35 billion with an EBITDA margin of 8.3 percent.
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