Nordex plans to tilt its supply chain away from China as US import duties on Chinese-made products start to dent profits at the German-Spanish wind turbine maker, chief executive José Luis Blanco said.

As recently as a quarter ago Nordex was still denying that duties would affect it, Blanco acknowledged.

“But legislation changed in September, and this does have an impact for us in the low double digit (euro) million [range] in 2019,” the CEO said during a conference call to discuss nine