2019-11-22
http://w3.windfair.net/wind-energy/news/31063-nordex-turbine-manufacturer-growth-order-book-free-cash-flow-margin-guidance-sustainability

Nordex Announces Well-Filled Order Book

Image: NordexImage: Nordex
The German turbine manufacturer expects a considerable sales growth in 2019

Official Press Release Nordex:

Nordex Group expects considerable sales growth in 2019

Wind Industry Profile of
Nordex Group expects considerable sales growth in 2019

Turbine order book rises to EUR 3.9 billion / Guidance for 2019: sales of EUR 3.2 to 3.5 billion and an EBITDA margin of between 3.0 and 5.0 percent / Group meets 2018 guidance, free cash flow at EUR 44.0 million / Nordex enters the 5MW class / Third Sustainability Report published

The Nordex Group (ISIN: DE000A0D6554) began the new year with a well-filled order book and thus expects considerable sales growth, according to the 2019 guidance announced today. The order book for new wind turbines (Projects segment) totaled EUR 3.9 billion at the end of 2018 (31 December 2017: EUR 1.7 billion). With the annual financial statements presented today, the company also confirms the preliminary results published in February. Guidance for 2019 The company expects... ... More: Official Press Release Nordex

Keywords:
Nordex, turbine, manufacturer, growth, order book, free cash flow, margin, guidance, sustainability







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