Nordex ends quarter still in deficit

The German wind OEM maintains it forecast to hit the lower end of the guidance spear after a quarter under pressure from rising inflation and logistical challenges.

Photo: Nordex/K.foto/Michael Kottmeier

Nordex presents underwhelming figures for the third quarter. Not that it should come as much of a surprise bearing in mind that the company opted to book a full-year guidance downgrade a little under a week back.

Downward adjustments are showing themselves to be more the rule than the exception for sector companies struggling with logistical issues and materials in undersupply.

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