Nordex Awaits Busy Second Half of the Year

Image: NordexImage: Nordex
The company has confirmed its guidance for 2019 and increased its porduct portfolio with another large turbine in the 5 MW segment

Official Press Release Nordex:

Nordex preparing for high installation volume in the second half of the year

Wind Industry Profile of
Nordex preparing for high installation volume in the second half of the year

Guidance for 2019 confirmed / Capital expenditure of approx. EUR 160 million planned for full year / Sales of EUR 990.8 million in first half of 2019, EBITDA margin at 1.7 percent / Sharp rise in production output / Total order book of EUR 7.6 billion / N163/5.X long blade model added to 5MW class

The Nordex Group (ISIN: DE000A0D6554) today announced that it generated consolidated sales of EUR 990.8 million (H1 2018: EUR 957.1 million) in the first six months of 2019. Total output, which also includes services provided but not yet shown as sales, such as turbines manufactured, rose sharply from EUR 1,090.0 million to EUR 1,603.5 million. This reflects the preparations being made for the high installation volume expected. Earnings before interest, taxes, depreciation and... ... More: Official Press Release Nordex

Nordex, guidance, half year, production output, rise, EBITDA, portfolio, blades, Delta4000

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