Germany's Nordex returns to profitability in first quarter

NAMPA / DPA

2025-04-25

Berlin (dpa) - German wind turbine manufacturer Nordex on Friday reported a profit in the first quarter compared with a loss in the previous year, despite weak sales. Further, the company reiterated its guidance for fiscal 2025 and mid-term. Nordex issued its fiscal 2025 outlook in February, forecasting consolidated sales between ?7.4 billion ($8.4 billion) and ?7.9 billion, and earnings before interest, taxes, depreciation and amortization (EBIT......

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