Mechanical engineering – Hamburg – Nordex writes losses again – economy

Hamburg (dpa) – The wind turbine manufacturer Nordex wants to maintain at least the level of 2021 in terms of sales and operating margin in the current year. The Management Board expects the market environment to remain difficult and the cost situation to be tight, primarily as a result of the war in Ukraine, the SDax Group announced on Tuesday when presenting its final annual figures in Hamburg. Nordex is suffering from the increased costs for raw materials and transport. The bottom line is that the company made a loss of a good 230 million euros last year and thus more than 100 million more than the year before.

In the current year, sales should be between 5.4 and 6 billion euros, of which 1 to 3.5 percent should remain before interest, taxes, depreciation and amortization (Ebitda margin). In both cases, Nordex would reach last year’s values ​​at the lower end of the range. A stable macro environment is essential for the desired margin improvement, as well as being able to pass on the costs and increase the proportion of projects on the Delta4000 platform.

© dpa-infocom, dpa:220329-99-710891/2

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