Sales plunged and losses widened at Nordex in the first quarter of 2022 amid changes in production, supply chain disruptions and higher raw material and logistics costs.

First quarter sales fell by 25.4% to €933.00m ($984m) from the same period a year earlier due to a planned change in production to different blades and weather-related lower installation output, the German wind turbine manufacturer said.

Earnings before interest, taxes, depreciation and amortisation (Ebitda) adjusted for a €36.9m reconfiguration of production turned into a loss of €52m, compared to a positive adjusted Ebitda of €10.4m