Nordex Reports Increased Q1 Profits and Sales Amid Improved Margins
Nordex, a German wind turbine manufacturer, reported a 10.6% year-on-year increase in sales to €1.59 billion in Q1, with EBITDA rising 64.3% to €130.7 million. The company's EBITDA margin improved to 8.2% from 5.5% in the same period last year, and its total order book grew to €17 billion.
Topics: EBITDA improvement order book expansion sales growth