Nordex sales rose by 8.3% to €198.3m, while order intake reached €312m compared to €154m in the same quarter last year.

However, the company made a loss before interest and tax (Ebit) of €9m in the January-March period.

“Operating profit was burdened by below-average capacity utilisation and lower margins on projects,” Nordex says.

The company told investors it has reduced its structural costs by around 10%.