EnergyWatch

A part of Watch Media

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
BY

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.

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

The 'new' Seadrill estimated to be worth USD 1.2bn

Foto: Ints Kalnins/Reuters/Ritzau Scanpix

SEB evaluates that the recently restructured Seadrill will have a fair equity value of about USD 1.2bn. Since the news of the restructuring broke over the weekend, the Seadrill stock price has only plummeted.

Higher revenue didn't save Subsea 7 from bottom-line loss

Foto: PR/Subsea 7

Subsea 7 increased its revenue with 59 percent compared to 2020, however, it was not enough to keep the balance sheet in the black on the bottom line. The offshore company states that delays and Covid-19 impacted business in the second quarter.

Equinor continues advance in Q2

Foto: Bo B Randulff - Even Kleppa - Woldcam / Equinor ASA

After a year of seeing deficits in several quarters, Equinor now maintains the fine form the company came into during the first quarter 2021.

Further reading

Related articles

Trial banner

Latest News

  1. Higher revenue didn't save Subsea 7 from bottom-line loss
  2. The 'new' Seadrill estimated to be worth USD 1.2bn
  3. Oil prices, production send Lundin skyward
  4. BASF confirms upgraded guidance
  5. EDPR beats analyst forecast while bottom line dives
  6. Nexans upgrades guidance for EBITDA in 2021
  7. Statkraft sells Irish solar project
  8. Siemens Gamesa consortium completes installation of nearshore wind farm
  9. Equinor continues advance in Q2
  10. BP to collaborate with Maersk's research center on alternative fuels
  11. NGO and asset manager urge shipping industry to invest in green initiatives
  12. GE Renewable Energy exceeds revenue forecast
  13. 67 people fell overboard as a wind turbine installation vessel capsized
  14. Freyr selects supplier for battery cell factory
  15. Statkraft undeterred by sunken plant as it pursues floating solar
  16. Tesla beats analyst forecast by nearly 50 percent
  17. Wintershall Dea nearly doubles profit from Covid quarter
  18. Topsøe bags order for carbon-capture tech from US chemical firm
  19. First platforms shipped to Tyra redevelopment
  20. Eni buys 1.2GW renewables in Spain

Jobs

See all jobs

See all jobs