Nordex forecasts 2024 margin towards the top of guidance range
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Wind turbine maker Nordex expects its full-year core profit margin to reach the top end of its 3-4% forecast range, driven by strong growth in third-quarter earnings.
November 07, 2024 | 8:00 am
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Nordex forecasts its 2024 profit margin to be at the top of its 3-4% range, indicating strong financial performance and potential positive impact on stock prices.
Nordex's announcement of a higher-than-expected profit margin forecast suggests strong financial performance, likely boosting investor confidence and positively impacting stock prices in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100