Compared to the previous year, Nordex wind turbine orders in 2022 were lower.
(Image: Nordex Group)
Frankfurt Wind turbine maker Nordex landed fewer orders in 2022 than in the previous year, putting pressure on the stock. The orders added up to 1,235 systems with a nominal output of 6.33 gigawatts, the group announced Tuesday. In the previous year there were 1,636 systems with an output of 7.95 GW.
The largest single markets in Europe were Germany, Finland, Turkey, Poland and Spain. Latin America, with four countries, accounted for 21 percent of the order volume, and North America only six percent.
However, CEO José Luis Blanco said: “As expected, we had strong order momentum in the fourth quarter, with higher turbine prices than last year. In addition to the numerous orders from markets where Nordex already has a strong reputation, I’m pleased we were able to Once again winning customers in Canada.”
more: 13 stocks from five investment fields Jefferies now recommends
Top jobs today
Find the best jobs now and
You are notified by e-mail.
Read now
Get access to this and all other articles at
web and in our app FREE for 4 weeks.
Read now
Get access to this and all other articles at
web and in our app FREE for 4 weeks.
Sylvia Plath writes for Social Post News, covering news, politics, business, technology, sport, entertainment, and lifestyle. She focuses on clear, reliable reporting and useful information, helping readers stay informed about current events, emerging trends, and stories that matter.
More Stories
Colorado Springs Could Gain Second Stop on Colorado’s Front Range Passenger Rail Line Under New Draft Plan
Amazon Prime Day Deals Still Available: More Than 130 Discounts Remain on Apple, Oura, Sony and Other Top Brands
Wealthy families take more risks when it comes to money.