Shares rise 4.6 percent to top TecDAX. German wind turbine maker Nordex on Friday said it had swung to an operating profit last year, boosted by stronger demand in its core European market as well as cost cuts after shutting down production in China and the United States. Nordex said its earnings before interest and tax (EBIT) reached 44.3 million euros ($60.6 million) in 2013, up from a loss of 61.1 million euros in 2012. Sales grew a third to 1.429 billion euros, the group said. Analysts had, on average, expected an EBIT of 46.9 million euros on sales of 1.417 billion. "We were able to achieve our planned turnaround in 2013. It is now very important to ensure that this success is made permanent and…
