- Sales reaches EUR 957 million in the first half 2018
- EBITDA margin of 4.0 percent
- Order intake rises to 2.1 GW
- Delta4000 series ready to launch
- Guidance for 2018 confirmed
Hamburg, 14 August 2018. The Nordex Group (ISIN:DE000A0D6554) has announced today that it has generated sales of EUR 957.1 million in the first six months of 2018 (H1 2017: EUR 1,501.1 million). Earnings before interest, taxes, depreciation and amortization (EBITDA) totaled EUR 38.4 million (H1 2017: EUR 117.5 million), resulting in an EBITDA margin of 4.0 percent (H1 2017: 7.8 percent).
In the Service segment, Nordex increased sales by 7.7 percent from EUR 150.2 million to EUR 161.8 million to remain on track for growth. Sales in the Projects segment fell by 41 percent year-on-year to EUR 797.1 million during the period under review (H1 2017: EUR 1,356.5 million).
Orders and production
The Nordex Group generated order intake of 2.1 GW in the Projects segment during the first half of 2018 (H1 2017: 0.9 GW), including 1.1 GW in the second quarter (Q2 2017: 0.6 GW). Of this order intake, 1,091 MW (H1 2017: 210 MW) related to Latin America, 751 MW (H1 2017: 399 MW) to Europe, 113 MW (H1 2017: 258 MW) to North America and 142 MW (H1 2017: 66 MW) to the rest of the world. The strongest individual markets in America were Brazil, Mexico and the USA, while in Europe it was France, Turkey and Sweden.
