The Nordex Group reported higher orders, sales and earnings in the second quarter of 2026, supported by increased project activity and continued growth in its order backlog. Order intake in the Projects segment increased by 32.2% to 3,054 MW, compared with 2,310 MW in the second quarter of 2025.
The total value of new orders rose to €3.0 billion from €2.2 billion, while the average selling price remained unchanged at €0.97 million/MW. Orders were received from 10 countries across a range of turbine variants.
Turbine production increased by 23.1% to 1,953 MW, in line with project scheduling, compared with 1,586 MW a year earlier. Blade production totalled 1,343 units, broadly unchanged from 1,399 units in the second quarter of 2025. Of these, 367 blades were manufactured in-house and 976 were sourced externally.
The company installed 211 wind turbines in 15 countries, representing a total capacity of 1,168 MW, compared with 337 turbines totalling 1,959 MW in the same period last year. The lower installation volume was mainly due to the regional project mix, blade-related delays in Türkiye and project scheduling. Europe accounted for 87% of installed capacity, followed by Latin America (8%), North America (4%) and the rest of the world (1%).
Sales increased by 16.3% to around €2.2 billion. Revenue from the Projects segment rose by 17.6% to around €2.0 billion, while the Service segment increased by 7.9% to €223.3 million.
Earnings before interest, taxes, depreciation and amortisation (EBITDA) more than doubled to €223.8 million from €108.2 million, lifting the EBITDA margin to 10.3% from 5.8%. Net income increased to €111.5 million, compared with €31.0 million in the second quarter of 2025.
As of 30 June 2026, the order book had grown to €18.4 billion, up from €14.3 billion a year earlier. This included €11.6 billion in the Projects segment and €6.8 billion in the Service segment.
