on Nordex SE (ETR:NDX1)
Nordex Group Reports Robust Q3 2026 Performance: EBITDA Doubles, Guidance Raised
In Q3 2026, Nordex Group achieved significant financial results, marked by an EBITDA more than doubling to EUR 278 million, yielding a margin of 12.7%. The order intake reached 2.8 GW, a 30% increase year-on-year. Net income for the quarter soared to EUR 147 million, nearly tripling the previous year's figure of EUR 52 million.
Sales rose by 28.2% to EUR 2.2 billion compared to Q3 2025, driven by project execution and a stabilizing average selling price. Free cash flow also saw a substantial increase, reaching EUR 379 million.
CEO José Luis Blanco highlighted the expansion of Nordex's global presence and the updated full-year EBITDA margin guidance of 11.5% to 12.5%, reflecting improved operational efficiencies despite production challenges.
The order book stood robust at EUR 19.3 billion, underpinning Nordex's ongoing market strength. The company's strategic focus remains on delivering consistent performance across its segments.
R. H.
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