Nordex: Turbine Order Backlog of EUR 5.5 billion

Wind Industry Profile of

Guidance for 2020: sales of EUR 4.2 to 4.8 billion and EBITDA of EUR 160 to 240 million subject to COVID-19 measures / Group meets 2019 guidance / Capital increase reinforces financial structure / Sales in Service segment up 17.7 percent / Three new turbines added to product portfolio / Fourth Sustainability Report presented

The Nordex Group (ISIN: DE000A0D6554) today announced that it began 2020 with a well-filled order book for new wind turbines of EUR 5.5 billion, up 43 percent on the previous year (2018: EUR 3.9 billion). In light of this, the Company once again expects a visible rise in sales and a further increasing operating profit. Guidance for 2020 Subject to the unforeseeable extent and duration of the measures taken worldwide to contain COVID-19... ... More: Official Press Release Nordex

Keywords:

Nordex, turbine, manufacturer, COVID-19, orders, backlog, EBITDA, million, sustainability