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Windtech International November December 2024 issue

 

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On the basis of its provisional consolidated financial statements for 2013, sales of the Nordex Group rose by around 33 per cent to € 1,429.3 million (previous year: € 1,075.3 million).
 
Earnings before interest and taxes (EBIT) amounting to € 44.3 million, equivalent to an EBIT margin of 3.0 per cent. In the previous year, Nordex had sustained an operating loss of € 61.1 million on account of substantial non-recurring expenses arising from the restructuring of group operations in the USA and China. The increase in sales was due to the Nordex Group’s increasingly stronger EMEA business, where sales surged by over 50 per cent to € 1,306 million (2012: € 869 million). Nordex’s performance in America reflected the general downward trend afflicting the industry particularly in the United States. On the other hand, the Asian business recovered on a low level. Nordex recorded combined sales of € 123.0 million (2012: € 206.4 million) in these regions. The Group’s order intake reached a new record of € 1,503 million in 2013 (2012: € 1,268 million), thus coming in at the top end of the most recent guidance. Firmly financed orders amounted to € 1,259 million as of the reporting date (31 December 2012: € 1,049 million). The figures stated in this press release are provisional only. The final annual financial statements as well as guidance for the current year will be presented on 24 March 2013.
 
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