Nordex Presents Results for H1

Wind Industry Profile of

Sales reaches EUR 957 million in the first half 2018 / EBITDA margin of 4.0 percent / Order intake rises to 2.1 GW / Delta4000 series ready to launch / Guidance for 2018 confirmed

The Nordex Group (ISIN:DE000A0D6554) has announced today that it has generated sales of EUR 957.1 million in the first six months of 2018 (H1 2017: EUR 1,501.1 million). Earnings before interest, taxes, depreciation and amortization (EBITDA) totaled EUR 38.4 million (H1 2017: EUR 117.5 million), resulting in an EBITDA margin of 4.0 percent (H1 2017: 7.8 percent). In the Service segment, Nordex increased sales by 7.7 percent from EUR 150.2 million to EUR 161.8 million to remain on track for growth. Sales in the Projects segment fell by 41.2 percent year-on-year to EUR 797.1 million during the... ... More: Official Press Release Nordex

Keywords:

Nordex, turbine, manufacturer, sales, margin, EBITDA, pipeline