EnergyWatch

Bladt Industries in major setback in 2017

2016 was a record year for Danish manufacturer of foundations for offshore wind turbines Bladt Industries. However, the company was unable to match that performance in 2017.

Photo: PR Bladt Industries

Bladt Industries' revenue, operational result and result all declined considerably in 2017.

Revenue decreased by DKK 400 million (EUR 53.7 million) to DKK 3.08 billion relative to 2016. Earnings before and interest and taxes faired even poorer, landing at negative DKK 2.1 million. By comparison, the company's EBIT was at DKK 123.3 million in 2016.

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