Sales surged at the Nordex Group last year despite the Covid-19 pandemic, but earnings fell amid a relatively stable order intake, the wind turbine manufacturer’s preliminary financial figures show.
Consolidated sales rose 41.6% to €4.6bn ($5.5bn) in 2020 from the year earlier, but earnings before interest, taxes, depreciation and amortisation (Ebitda) fell 24.1% to €94m.
That resulted in an Ebitda (operating) margin of 2.0%,
