On the basis of its audited consolidated financial statements which have now been released, Nordex confirms the preliminary figures for 2014 reported in February.
According to these figures, the group increased its sales by some 21 per cent to € 1,734.5 million in 2014 (2013: € 1,429.3 million), with earnings before interest and taxes rising by 76 per cent to € 78.0 million (2013: € 44.3 million). Consolidated net profit grew almost four-fold to € 39.0 million (2013: € 10.3 million). At € 1,754 million in 2014, order intake exceeded expectations slightly and was up 16.7 per cent on the previous year (2013: € 1,503 million). With the book-to-bill ratio consistently positive, the backlog of firmly financed orders continued to rise to € 1,462 million as of the reporting date (2013: € 1,259 million). The management board expects sales to continue to grow at a double-digit rate to € 1.9 - 2.1 billion. At the same time, the Company is working on improving its EBIT margin to 5 - 6% in 2015.
