Sales grow markedly for Nordex

The German turbine maker increased its sales in 2020 by more than 40 percent, though its operating margin declines.

Photo: Nordex

Nordex almost hit its mark in 2020.

At least when examining its updated guidance issued in November of 2020, when the company announced it expected a revenue at EUR 4.4bn along with an operating margin of 2 percent, or around EUR 88m, measured by EBITDA.

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