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Windtech International September October 2024 issue

 

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Nordex has increased its sales by some 40 per cent in 2015 to € 2,430.1 million (2014: € 1,734.5 million). Accordingly, it slightly exceeded the upper end of the sales guidance which the Management Board had revised most recently in November 2015.

The operating margin before interest widened by 0.7 percentage points from 4.5 per cent to 5.2 per cent. At € 126.2 million, EBIT exceeded the previous year’s figure (2014: € 78.0 million) by more than 60 per cent. Nordex generated 88 per cent of its sales in its core EMEA (Europe and Africa) region, totalling € 2,142.6 million (2014: € 1,513.8 million). Nordex achieved sales of a further € 286.1 million (2014: € 200.7 million) in the Americas. Turbine business contributed the main proportion of 91.3 per cent of total sales, with production output rising by 34 per cent to 1,899MW (2014: 1,417MW). At the same time, installation output climbed by just under 14 per cent from 1,489MW to 1,697MW. For the current year the company has so far an order book with firmly financed orders of € 1,668.9 million (2014: € 1,462.0 million).

Nordex reports sales growth of 40%

Nordex has increased its sales by some 40 per cent in 2015 to € 2,430.1 million (2014: € 1,734.5 million). Accordingly, it slightly exceeded the upper end of the sales guidance which the Management Board had revised most recently in November 2015. The operating margin before interest widened by 0.7 percentage points from 4.5 per cent to 5.2 per cent. At € 126.2 million, EBIT exceeded the previous year’s figure (2014: € 78.0 million) by more than 60 per cent. Nordex generated 88 per cent of its sales in its core EMEA (Europe and Africa) region, totalling € 2,142.6 million (2014: € 1,513.8 million). Nordex achieved sales of a further € 286.1 million (2014: € 200.7 million) in the Americas. Turbine business contributed the main proportion of 91.3 per cent of total sales, with production output rising by 34 per cent to 1,899MW (2014: 1,417MW). At the same time, installation output climbed by just under 14 per cent from 1,489MW to 1,697MW. For the current year the company has so far an order book with firmly financed orders of € 1,668.9 million (2014: € 1,462.0 million).

 
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