The wind turbine manufacturer Nordex earned significantly more in the third quarter, as the company announced on Tuesday in Hamburg.
The consolidated result rose to almost 52 million euros in the three months to the end of September. A year earlier the profit was almost 4 million euros. The MDAX group confirmed the key figures from day-to-day business after presenting the first key data for the third quarter at the end of October and raising the annual forecast for the operating profit margin (Ebitda). This should now be between 7.5 and 8.5 percent in 2025, instead of between 5 and 7 percent as previously expected. Nordex left the other elements of the annual forecast unchanged. As is also known, order intake in the third quarter was 2.2 gigawatts.
Nordex turns positive – MWB sees margin potential
After initially taking profits on Nordex shares, they turned positive on Tuesday. In early XETRA trading, the shares had lost up to almost 5 percent, but recently they were up 1.6 at 26.42 euros. This means that the shares will now be up 134 percent again in 2025.
The increased operating margin forecast (Ebitda) for 2025 after the third quarter is a potential positive impulse for the fourth quarter, wrote analyst Leon Mühlenbruch from MWB Research. With a good final quarter, the wind turbine manufacturer could achieve its medium-term margin target of 8 percent this year. This in turn could lead to strong forecasts for the coming year.
HAMBURG / FRANKFURT (dpa-AFX)
Selected leverage products on Nordex
With knock-outs, speculative investors can participate disproportionately in price movements. Simply select the lever you want and we will show you suitable open-end products on Nordex
The leverage must be between 2 and 20
Advertising