Nordex registers increasing momentum in business

A rising demand in the second quarter plus an order backlog including service business of a total of EUR 3.6 billion

Official Press Release Nordex:

Nordex benefits from rising demand in the second quarter of 2017

Wind Industry Profile of

Increase in sales to EUR 1.5 billion in H1/2017 / Order intake of EUR 905 million strongly driven by Q2 / EBITDA margin of 7.8% achieved / Guidance for 2017 confirmed

In the second quarter of the current year, the Nordex Group (ISIN: DE000A0D6554) registered increasing momentum in its business. Business volume rose to EUR 852.7 million in the quarter (EUR 846.9 million), making a material contribution to the sales of EUR 1,501.1 million recorded in the first half of the year (H1/2016: EUR 1,483.9 million). This performance was supported by growth in service business, which rose by 24 percent in the first half of the year to EUR 150.3 million (H1/2016: EUR 121.2 million). At the same time, new installations climbed to 713 MW in the second quarter (Q1/2017: 416 MW) and... ... More: Official Press Release Nordex