EnergyWatch

Nordex continues decline in Q2

The German wind turbine manufacturer has seen its revenue and operating earnings drop significantly, and its profit has been turned into a large deficit in the second quarter of 2018.

Photo: Nordex

The negative trend from the first quarter has continued into the second quarter of 2018 for Nordex.

In the second quarter, the German wind turbine manufacturer had to acknowledge that sales have almost halved compared to the same period of 2017. Revenue for the second quarter was EUR 469.25 million, while it was EUR 852.7 million in the second quarter of 2017.

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