Nordex Reports Strong Q2 EBITDA Growth Amid Rising Orders
Nordex SE reported a significant increase in second-quarter earnings, with EBITDA more than doubling to EUR 223.8 million and net income rising over threefold to EUR 111.5 million. The wind turbine manufacturer attributed the strong performance to improved profitability and robust order growth despite lower installations due to project scheduling issues and blade-related delays in Türkiye. The company's revenue rose by 16.3% year-over-year to EUR 2.18 billion, with an EBITDA margin of 10.3%. Project order intake surged 32.2%, reaching 3.05 GW valued at EUR 3.0 billion. Nordex reaffirmed its full-year guidance for 2026 and emphasized a focus on improving margins in the second half. The company's total order book grew to EUR 18.4 billion, with strong cash flow of EUR 164.6 million driven by improved operations.
Topics: ebitda growth order intake profitability improvement wind energy