Nordex has withdrawn its financial guidance for 2020 due to uncertainties caused by COVID-19.
The German wind turbine maker said the impact of the pandemic would affect its second quarter results in a way that is “not yet quantifiable”.
“Global governmental restrictions and measures persisting worldwide for an incalculable period of time have led to material disruptions and changes in significant parts of our operations, including procurement and production,” Nordex said in a statement.
The company said the continuing uncertainty regarding the duration and severity of the disruptions would have further consequences on its supply chain.
“The production and execution of projects (installations) cannot be reliably assessed – the prerequisites for a realistic and robust estimation of Nordex’s performance no longer exist,” the company said.
The final figures for Nordex and the complete report for the first quarter 2020 will be published on 11 May 2020.