Siemens is working to build stronger ties with owners of smaller onshore wind projects – the kinds of projects where local knowledge and expertise play a key role. In the future, Siemens will work more closely with partners on wind farms with up to three turbines. These partnerships will ensure that the operators of smaller…
Nordex sales up by 17% with some decline in the Americas
The Nordex Group posted a 17% increase in sales to EUR 496.5 million in the first quarter of the current year (Q1/2014: EUR 424.5 million). This growth was materially driven by business in EMEA (Europe/Africa), whereas sales in the Americas and in Asia declined. The sharp overall increase in activity is reflected in the 44.2%…
Nordex continues double-digit growth, significantly increasing consolidated net profit
According to preliminary figures, the Nordex Group increased its sales by some 21% in 2014 to EUR 1,734.5 million (2013: EUR 1,429.3). Nordex has, therefore, reached the upper end of the guidance range, which the Management Board had most recently revised upwards in November 2014. With a margin of 4.5%, EBIT also matched the Company’s…