DOW JONES–The wind turbine manufacturer Nordex has increased its forecast for the operating profit margin for 2025 in view of strong operational implementation in the two business areas Projects and Service. Nordex now sees the EBITDA margin in the range of 7.5 to 8.5 or 5 to 7 percent. The estimates for sales and investment figures were confirmed.
The preliminary EBITDA in the third quarter of 2025 reached 136 (previous year: 72) million euros with a margin of 8 (4.3) percent. Sales in the quarter are expected to reach around 1.706 (1.671) billion euros. According to Nordex, this reflects seasonal effects as well as temporary supplier-related delays in Turkey.
Nordex ended the third quarter with 1.38 billion euros in cash, compared to 1.15 billion euros at the end of 2024. Free cash flow was 298 million euros in the first nine months, after a black zero in the same period last year. Nordex expects the positive cash flow development to continue in the fourth quarter, driven in part by additional profits and strong order intake momentum.
Nordex still wants to increase sales to 7.4 to 7.9 billion euros in 2025 and expects investments of around 200 million euros.
Full third quarter 2025 results are scheduled to be released on November 4, 2025.
The share reacted positively to the announcement. After trading at around 8 p.m. it was around 3.5 percent above the Xetra close.
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(END) Dow Jones Newswires
October 27, 2025 3:04 pm ET (7:04 pm GMT)
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