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Nordex Gives Strong Sales Outlook

March 26, 2019

(Photo: Nordex)

Wind turbine maker Nordex (NDX1.HA) on Tuesday forecast higher-than-expected sales for the current year, pushing its shares up 5.6 percent in early trade.

The group expects revenues of 3.2 billion to 3.5 billion euros ($3.62-$3.96 billion) in 2019, an increase of up to 42 percent from last year and also beating the Refinitiv estimate of 2.94 billion.

($1 = 0.8842 euros)

(Reporting by Christoph Steitz Editing by Riham Alkousaa)

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