A wind turbine manufacturer is reporting strong numbers for the first quarter of the year. Nordex says it has counted an 8.3% increase in sales, to €198.3 million. As expected, business volume accounted for just under 20% of the forecast full-year sales. This cyclical effect is typical of the wind industry. Sales were particularly underpinned…
Nordex boasts of double-digit growth in Q1 2009
In the first quarter of 2009, the Germany-based Nordex Group says it hit a 17% increase in sales to €233.3 million (previous year: €199.3 million). Growth drivers, the company says, were rising business volumes in the U.S. and Europe (excluding Germany). Turbine assembly output increased by 25% to 262 MW (versus 210 MW in 2008).…