Composites World / NetComposites

Connecting you to the composites industry


NetComposites Ltd has transferred the rights and ownership of this website to Gardner Business Media Inc.

On 1st January 2020, NetComposites' media assets including, newsletters and conferences were transferred to Composites World (Gardner Business Media).

This site is no longer being updated. Please direct all enquiries to

For further details see our joint press release.

2003 A Tough Year for LM Glasfiber

  • Friday, 19th March 2004
  • Reading time: less than a minute

The Danish supplier of wind turbine blades saw revenue fall 40% from 2002’s figure to DKr1710 million in 2003.

The group posted a net loss of DKr264 million in 2003, compared with a profit of DKr11 million in 2002.

LM predicts a flat market in 2004 with growth of 0-5%, but with large regional differences. For example, it expects a much smaller market in North America and a continuing decline in Germany and Denmark, but growth is forecast for the markets in Southern Europe and Asia and a few markets in Northern Europe.

For 2004, the company forecasts a 17-23% increase in revenue to DKr2000-2100 million.

For more information visit:

Share this article

More News

Comments (0)

Leave your comment