The Nordex Group posted a 17 per cent increase in sales to € 496.5 million in the first quarter of the current year (Q1/2014: € 424.5 million). This growth was materially driven by business in EMEA (Europe/Africa), whereas sales in the Americas and in Asia declined.
The sharp overall increase in activity is reflected in the 44.2 per cent growth in production output. Turbine production output rose to 462.1 MW (Q1/2014: 320.5 MW). Consolidated operating earnings rose by 17.3 per cent to € 24.8 million in the period under review (Q1/2014: € 21.1 million). This favourable performance is mainly due to economies of scale and a below-average increase in structural costs. Consolidated net profit rose by 62.6 per cent to € 14.8 million (Q1/2014: € 9.1 million). Order intake rose by 14.3 per cent to € 642.3 million in the first quarter. The order book climbed to € 1.6 billion and will secure the growth expected for 2015. The Management Board reaffirms its full-year guidance of an increase in sales to up to € 2.1 billion (2014: € 1.7 billion) and an improvement in the operating margin to 5.0 - 6.0 per cent.