- Turbine order book rises to EUR 3.9 billion
- Guidance for 2019: sales of EUR 3.2 to 3.5 billion and an EBITDA margin of between 3.0 and 5.0 percent
- Group meets 2018 guidance, free cash flow at
EUR 44.0 million - Nordex enters the 5MW class
- Third Sustainability Report published
Hamburg, 26 March 2019. The Nordex Group (ISIN: DE000A0D6554) began the new year with a well-filled order book and thus expects considerable sales growth, according to the 2019 guidance announced today. The order book for new wind turbines (Projects segment) totaled EUR 3.9 billion at the end of 2018 (31 December 2017: EUR 1.7 billion). With the annual financial statements presented today, the company also confirms the preliminary results published in February.
Guidance for 2019
The company expects consolidated sales of EUR 3.2 to 3.5 billion for the current financial year. Installations and related sales in the second half of the year will be well above the figures of the first six months. The EBITDA margin is expected to be in the range of 3.0 to 5.0 percent. These expanded ranges take into account the significant increase in activity and the operational challenges this will bring.
