- Guidance for 2019 confirmed
- Capital expenditure of approx. EUR 160 million planned for full year
- Sales of EUR 990.8 million in first half of 2019, EBITDA margin at 1.7 percent
- Sharp rise in production output
- Total order book of EUR 7.6 billion
- N163/5.X long blade model added to 5MW class
Hamburg, 14 August 2019. The Nordex Group (ISIN: DE000A0D6554) today announced that it generated consolidated sales of EUR 990.8 million (H1 2018: EUR 957.1 million) in the first six months of 2019. Total output, which also includes services provided but not yet shown as sales, such as turbines manufactured, rose sharply from EUR 1,090.0 million to EUR 1,603.5 million. This reflects the preparations being made for the high installation volume expected. Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to EUR 17.1 million (H1 2018: EUR 38.4 million), corresponding to an EBITDA margin of 1.7 percent (H1 2018: 4.0 percent). This means that business performed in line with the pattern anticipated by the Nordex Group in the first half of the year. Lower construction figures and sales in the Projects segment are attributable to the installation schedules of customer projects. After a weaker first half of 2019, the Company expects a significant rise in activity levels with considerably higher sales in the second half of the year.
