Nordex wins big orders, doubles profit, and cuts financing costs
Major order wins in Romania and US Nordex will supply 56 turbines for a 392 MW Romanian wind farm and won a 325 MW US order. These large orders show strong demand for Nordex turbines, supporting future revenue and profit growth.
New large orders directly boost Nordex's order book and future sales, a key driver of the stock.
Cheaper, larger guarantee facility Nordex secured a €2.475 billion ESG-linked guarantee facility with lower interest rates and a five-year term. This cuts financing costs and signals strong bank confidence, improving financial flexibility and profitability.
The improved financing terms reduce costs and reflect turnaround progress, directly impacting Nordex's financial health.
Q2 profit doubles, outlook confirmed Nordex more than doubled Q2 EBITDA to €223.8 million and tripled net income, with revenue up 16.3%. The company confirmed its 2026 outlook, showing the turnaround is delivering real profit growth.
Strong earnings and reaffirmed guidance are core drivers of investor confidence and stock valuation.
525 MW order in Türkiye Nordex won a 525 MW order from Türkerler Holding in Türkiye, including a 10-year service agreement. This strengthens its leading 34% market share in Turkey and adds to the growing order backlog.
A large new order in a key market expands Nordex's order book and reinforces its competitive position.