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Nordex Group Shows Strong Start to 2025 with Improved Financials

Stock price chart of Nordex SE (EBR:NDX1) showing fluctuations.

The Nordex Group reports a robust financial performance in the first quarter of 2025. Despite a slight decline in sales to EUR 1,435 million, compared to EUR 1,574 million in Q1/2024, the company saw improvements in core areas. EBITDA increased by 53%, reaching EUR 79.6 million, and the EBITDA margin rose to 5.5%. Nordex also generated a positive free cash flow of EUR 4 million, a substantial recovery from a negative EUR 254 million in the previous year.

The Projects segment recorded a 5% growth in order intake at 2.2 GW. Meanwhile, the Service segment experienced a 19% sales increase, reaching EUR 197 million. The order book expanded significantly to EUR 13.5 billion.

R. H.

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