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Windtech International September October 2024 issue

 

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Nordex has increased consolidated sales to € 3.28 billion (previous year: € 2.46 billion), within the forecast range of € 3.2 to 3.5 billion. Earnings before interest, taxes, depreciation and amortization (EBITDA) rose by 21.7% to € 123.8 million (previous year: € 101.7 million).
 
This represents an EBITDA margin of 3.8% (previous year: 4.1%). The Nordex Group invested € 172.5 million (previous year: € 112.8 million) during the year under review. In 2019, the Nordex Group increased its order intake by 31% from 4.75 GW to 6.21 GW. These orders were attributable to the following regions: Europe (51%), North America (28%), Latin America (18%) and the Rest of the World (3%).
 
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