Germany's Nordex Raises 2015 Sales Outlook as Wind Orders Surge
- Turbine maker raises target for second time this year
- Third-quarter sales rise more than 50% from a year ago
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Germany’s biggest wind turbine maker Nordex SE raised its 2015 sales forecast for the second time this year after orders for onshore projects surged in the third quarter, led by Europe and South Africa.
Nordex, which makes onshore turbines only, raised its sales target to as much as 2.4 billion euros ($2.57 billion), after third-quarter sales jumped over 50 percent from a year earlier to 686 million euros, according to a statement. The Hamburg-based company raised its full-year target in July.