Nordex growing more quickly than the wind power industry

Hamburg - In the third quarter of 2015, the Nordex Group recorded strong growth in its business, with sales in this period (1 July - 30 September 2015) climbing by more than 50% to EUR 685.8 million (Q3/2014: EUR 451.2 million).

Over the first nine months of 2015, business rose by 41%, with a sales increase to EUR 1.786 billion (9M/2014: EUR 1.267 billion). This performance was particularly underpinned by demand in Europe and South Africa, which accounted for a total of 88% of sales. Nordex generated a further 12% of its business in the Americas. This growth is also reflected in production. Thus, turbine assembly output rose by around 43% to 1,539 MW (9M/2014: 1,076 MW).

At the same time, the group

Source: IWR Online, 11 Nov 2015