The Nordex Group has published preliminary results for fiscal year 2022. According to these preliminary results, the company generated consolidated sales of EUR 5.7 billion (previous year: EUR 5.4 billion).
Earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted to minus EUR 244 million (previous year: EUR 53 million) which corresponds to an EBITDA margin of minus 4.3 percent (previous year: 1.0 percent). The financial performance in the year was mainly impacted by the ongoing volatile macro-economic environment, challenges with product quality and supply chain reliability, a cyber security incident in the first half, and the overall resultant impact on installations partially offset by income from project development activities. Investments amounted in total to around EUR 205 million (previous year: EUR 168.7 million) in 2022. The figures announced are preliminary. The company will publish final and audited results for fiscal year 2022 together with guidance for 2023 on 31 March 2023.
