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Gurit reports growth of operating profit margin of 8.2%

Gurit’s Composite Materials Business Unit achieved net sales of CHF 102.8 million in the first half-year 2018 (1HY 2017: CHF 104.2 million). This represents a decrease of -1.3%. Sales to the wind energy industry declined by ‑10.2% to CHF 62.1 million in the first six months of 2018 (1HY 2017: CHF 69.1 million). The decline mainly results from the ongoing weak wind material demand in the wind energy markets in India and China which could not be fully compensated by the demand in Europe and good growth in North America. Material supply to other material markets (excluding aerospace) increased by +16.1% to CHF 40.7 million in the first half-year 2018 (1HY 2017: CHF 35.0 million).

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Clobotics raises more funding for its wind energy AI offerings

Clobotics, a startup using robotics and artificial intelligence (AI) to capture and analyse images for energy and retail companies, has raised US $11 million in another round of funding. The two-year-old company, with headquarters in Shanghai and Bellevue, Wa, USA., has raised a total of US$ 21 million and grown to nearly 80 employees.

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Bladena and IMFutuRe enter a strategic business collaboration on the Spanish market

IMFutuRe will in the future represent Bladena on the Spanish market as an authorised dealer and installation partner of Bladena’s products.

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Bart Heijermans appointed to Boskalis Board of Management

Bart HeijermansBart Heijermans has been appointed to the Board of Management of Royal Boskalis Westminster N.V. for a term until the Annual General Meeting of Shareholders in 2022. Mr. Heijermans will have the responsibility for the Offshore Energy division with effect from 1 September 2018.

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Vestas’ revenue on par with last year’s second quarter

In the second quarter of 2018, Vestas generated revenue of € 2,260 million, an increase of 2% compared to the year-earlier period. EBIT decreased by € 20 million to € 259 million. The EBIT margin was 11.5% compared to 12.6% in the second quarter of 2017 and free cash flow amounted to € (173) million compared to € (158) million in the second quarter of 2017.

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OWC opens office in Taiwan

Offshore Wind Consultants (OWC) has established a new office in Taiwan. Offshore Wind Consultants Taiwan will offer offshore wind consultancy services and expertise to the Taiwanese and wider Asia Pacific markets. 

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