Nordex Group Elevates 2025 Profitability Outlook Following Strong Third Quarter Performance

The Nordex Group announced an upward revision to its full-year 2025 EBITDA margin guidance, now expecting profitability in the range of 7.5 to 8.5 percent compared to the previous guidance of 5.0 to 7.0 percent. This significant adjustment follows a review of preliminary third-quarter 2025 financial results and reflects improved operational execution across both project and service business segments.

Preliminary third-quarter 2025 results show EBITDA reached €136 million with a margin of 8.0 percent, representing substantial improvement from €72 million and 4.3 percent margin in the same quarter of 2024. Revenue for the quarter is expected to be approximately €1,706 million, broadly consistent with the prior year's €1,671 million, though affected by seasonal dynamics and temporary supplier-related delays in Türkiye.

The company's financial position strengthened considerably, with cash reserves increasing to €1,378 million at the end of the third quarter compared to €1,151 million at year-end 2024. Nordex generated free cash flow of €298 million in the first nine months of 2025, a notable improvement from nil free cash flow during the same period in 2024. The company anticipates continued positive free cash flow generation in the fourth quarter, driven by additional profits, strong order intake momentum, and ongoing working capital improvements.

Other elements of the full-year guidance remain unchanged, including sales projections of €7.4 to €7.9 billion, working capital ratio below negative 9 percent, and capital expenditures of approximately €200 million. The company maintains its focus on operational excellence and financial discipline while navigating the evolving renewable energy landscape.

Jose Luis Blanco, CEO of Nordex Group, stated that the teams delivered exceptionally well in the third quarter, with results reflecting the strength of execution in both project and service segments. He expressed confidence in delivering significant profitability improvement compared to 2024 levels and emphasized the company's commitment to driving profitable growth and creating long-term shareholder value.

The improved outlook signals positive momentum for the wind energy industry, particularly for companies demonstrating operational efficiency amid global renewable energy expansion. Nordex's performance suggests that established wind turbine manufacturers can achieve improved profitability through effective execution and working capital management, potentially influencing investor confidence in the renewable energy sector.

Nordex will release complete third-quarter 2025 results on November 4, 2025, providing further details on the company's performance and strategic direction. Management will conduct an analyst and investor call on October 28, 2025, to discuss the preliminary results and rationale behind the upgraded full-year EBITDA margin outlook. Additional information about the company's operations and financial performance can be found at https://www.nordex-online.com.