Nordex stock at EUR 42.27, up 3.50% before Q3 figures
Published on 11/05/2026 at 08:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSNordex raises margin outlook
- Third-quarter EBITDA more than doubled to EUR 278.2 million, while revenue rose 28.2% year on year to EUR 2.19 billion.
- Nordex lifted its full-year 2026 EBITDA margin outlook to 11.5% to 12.5% from 8.0% to 11.0%.
- Order intake reached 2.8 GW, and the order book grew to EUR 19.3 billion at September 30, 2026.
Nordex stock traded at EUR 42.27 on Lang & Schwarz at 08:03 CET on Thursday, November 5, 2026, 3.50% above the Xetra close of Wednesday, November 4, 2026 at EUR 40.84.
Nordex released its third-quarter figures at 07:00 CET on Thursday. According to Börse.de, revenue increased 28.2% year on year to EUR 2.19 billion. EBITDA more than doubled to EUR 278.2 million, lifting the margin to 12.7% from 8.0% in the prior-year quarter. Net income reached EUR 147.1 million, compared with EUR 51.7 million a year earlier.
Higher guidance meets stronger orders
Project order intake rose to 2.81 GW, up 29.5% year on year, while the total order book reached EUR 19.3 billion at September 30. Nordex raised its full-year 2026 EBITDA margin guidance to 11.5% to 12.5% from 8.0% to 11.0%. The company also reported free cash flow of EUR 379.1 million for the quarter.
The quarter included lower installations: Nordex delivered 2,021 MW, down from 2,576 MW a year earlier. The company cited customer delays, transport permits and rotor-blade production delays in Turkey. For investors, the figures combine sharper profitability and a larger order book with execution risks in project delivery.
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