Nordex reported strong second quarter results. Revenues increased 40.2% to €846.4m (excluding Acciona Windpower 10.6%) and EBITDA jumped 53.6% to €77m. The EBITDA margin increased from 8.3% to 9.1%. EBIT rose 26.7% to €46.6m and the EBIT margin declined from 6.1% to 5.5%. Order intake increased 11% to €789.2m including Acciona Windpower. Acciona Windpower contributed €434.4m (USA, South Africa and Brazil) to total order intake in Q2 16. Excluding Acciona Windpower, th
01 Aug 2016
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Nordex SE (NDX1:WBO) | 0 0 (-0.7%) | Mkt Cap: 923.5m
- Published:
01 Aug 2016 -
Author:
Heinz Steffen -
Pages:
2
Nordex reported strong second quarter results. Revenues increased 40.2% to €846.4m (excluding Acciona Windpower 10.6%) and EBITDA jumped 53.6% to €77m. The EBITDA margin increased from 8.3% to 9.1%. EBIT rose 26.7% to €46.6m and the EBIT margin declined from 6.1% to 5.5%. Order intake increased 11% to €789.2m including Acciona Windpower. Acciona Windpower contributed €434.4m (USA, South Africa and Brazil) to total order intake in Q2 16. Excluding Acciona Windpower, th