Nordex Group Raises 2025 EBITDA Margin Outlook Following Strong Q3 Performance

The Nordex Group announced an upward revision to its full-year 2025 EBITDA margin guidance, now expecting a range of 7.5 to 8.5 percent compared to the previous guidance of 5.0 to 7.0 percent. This adjustment follows a review of preliminary third-quarter 2025 financial results and reflects improved operational performance across both project and service business segments. The enhanced outlook demonstrates the company's ability to navigate market challenges while maintaining growth momentum in the renewable energy sector.

Preliminary third-quarter 2025 results showed significant improvement, with EBITDA reaching EUR 136 million and achieving an 8.0 percent margin. This represents substantial growth compared to the same period in 2024, when the company reported EUR 72 million in EBITDA with a 4.3 percent margin. Revenue for the quarter is expected to be approximately EUR 1,706 million, remaining broadly consistent with the prior year's third-quarter revenue of EUR 1,671 million despite facing seasonal dynamics and temporary supplier-related delays in specific markets.

The company's financial position strengthened considerably during the period, with cash reserves increasing to EUR 1,378 million at the end of the third quarter compared to EUR 1,151 million at the end of the fourth quarter of 2024. Nordex generated free cash flow of EUR 298 million in the first nine months of 2025, a significant improvement from the nil free cash flow recorded during the same period in 2024. Management expects positive free cash flow generation to continue in the fourth quarter, driven by additional profits, strong order intake momentum, and continued working capital improvement.

Jose Luis Blanco, CEO of Nordex Group, commented on the performance through the company's official channels at https://www.nordex-online.com, stating that the teams delivered exceptionally well in the third quarter and the results reflect the strength of execution in both project and service segments. He expressed confidence that the company will deliver a significant step up in profitability compared to 2024 levels while remaining focused on driving profitable growth and creating long-term value for shareholders.

All other elements of the full-year guidance remain unchanged, including sales expectations between EUR 7.4 and EUR 7.9 billion, working capital ratio below negative 9 percent, and capital expenditures of approximately EUR 200 million. The company will release its full third-quarter 2025 results on November 4, 2025, following an analyst and investor call scheduled for October 28, 2025, to present the preliminary results and rationale behind the upgraded full-year EBITDA margin outlook. The improved guidance signals growing confidence in the wind energy market's stability and the company's operational efficiency amid global energy transition efforts.