Nordex Presents Preliminary Figures for Financial Year 2018

Wind Industry Profile of

Consolidated sales of EUR 2.46 billion reached / EBITDA margin of 4.1 percent / Working capital ratio improves significantly year-on-year from 5.3 percent to minus 3.8 percent / Order intake in 2018 increased by 73 percent to 4.75 GW

The Nordex Group (ISIN: DE000A0D6554) today presented preliminary figures for financial year 2018. According to these figures, the company generated consolidated sales of EUR 2.46 billion (previous year: EUR 3.08 billion), which is within the guidance corridor of EUR 2.4 to 2.6 billion. Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to EUR 101.7 million (previous year: EUR 200.7 million). This represents an EBITDA margin of 4.1 percent (previous year: 6.5 percent), which is also within the expected range of four to... ... More: Official Press Release Nordex

Keywords:

Nordex, turbine, manufacturer, EBITDA, margin, sales, 2018, order intake, guidance