trending Market Intelligence /marketintelligence/en/news-insights/trending/kXLIcw749tl1xBVKpaQ1kQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Nordex targets up to €3.5B in 2019 sales


S&P podcast - Coronavirus pandemic, oil price crash shake up energy sector

Case Study: A Utility Company Efficiently Sharpens Its Focus on the Credit Risk of New Customers

Energy Evolution Podcast

Energy Evolution Why solar energy could get even cheaper

Nordex targets up to €3.5B in 2019 sales

German wind turbine manufacturer Nordex SE on March 26 initiated guidance for 2019 and confirmed its preliminary results released in February.

The company is targeting full-year 2019 consolidated sales in the range of €3.2 billion to €3.5 billion and EBITDA margin in the range of 3% to 5%. Capital expenditures are expected to reach €120 million.

For 2018, consolidated sales totaled €2.46 billion, with an EBITDA margin of 4.1%, a drop from €3.08 billion and an EBITDA margin of 6.5% in 2017. Nordex recorded a positive free cash flow of 44 million in 2018, compared to negative 54.7 million in 2017.

The company's order book for new wind turbines totaled €3.9 billion in 2018, rising from €1.7 billion in 2017. Nordex installed 828 wind turbines with a total output of 2.5 GW in 17 countries in 2018.