Wind supplier "halfway satisfied" despite EUR 53 million loss

AH Industries, a Danish wind supplier to companies such as Vestas and Siemens, has plunged into a huge deficit due to a large impairment harking back to previous owners. Behind the loss, however, there is progress, says the CEO.
Photo: AH Industries
Photo: AH Industries

Danish company AH Industries delivered its worst year to date in 2016. Although the past seven years resulted in deficits, they have been minimal compared to the DKK 403.7 million loss (EUR 53 million) which the supplier presented in its recently published annual report.

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