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Windtech International March April 2024 issue

 

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The Nordex Group published preliminary results for fiscal year 2023 and confirms its guidance for the year. According to these preliminary results, the company recorded increased consolidated sales of EUR 6.5 billion (previous year: EUR 5.7 billion) and exceeded the upper end of the forecast range of EUR 5.6 to 6.1 billion.
 
Earnings before interest, taxes, depreciation, and amortization (EBITDA) reached break-even on a full-year basis at EUR 2.0 million (previous year: minus EUR 244 million). This corresponds to an EBITDA margin of zero percent (previous year: minus 4.3 percent) and is broadly in the middle of the guidance range of minus 2 to plus 3 percent. Investments in 2023 amounted to around EUR 131 million (previous year: EUR 205 million) and are therefore well below the forecast figure of around EUR 200 million. Nordex ended the year with an order intake of 7.4 GW (previous year: 6.3 GW) while maintaining stable prices with a promising order outlook. The Nordex Group will publish final and audited results for fiscal year 2023 together with guidance for 2024 on 29 February 2024. ChatGPT The Nordex Group published preliminary results for the fiscal year 2023 and confirmed its guidance for the year. According to these preliminary results, the company recorded increased consolidated sales of EUR 6.5 billion (previous year: EUR 5.7 billion) and exceeded the upper end of the forecast range of EUR 5.6 to 6.1 billion. Earnings before interest, taxes, depreciation, and amortization (EBITDA) reached break-even on a full-year basis at EUR 2.0 million (previous year: minus EUR 244 million). This corresponds to an EBITDA margin of zero percent (previous year: minus 4.3 percent) and is broadly in the middle of the guidance range of minus 2 to plus 3 percent. Investments in 2023 amounted to around EUR 131 million (previous year: EUR 205 million) and are therefore well below the forecast figure of around EUR 200 million. Nordex ended the year with an order intake of 7.4 GW (previous year: 6.3 GW) while maintaining stable prices with a promising order outlook. The Nordex Group will publish final and audited results for the fiscal year 2023 together with guidance for 2024 on 29 February 2024.
 
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