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Nordex SE

NDXG.DE

Latest Trade

12.99EUR

Change

0.13(+1.01%)

Volume

109,514

Today's Range

12.82

 - 

13.05

52 Week Range

7.11

 - 

15.75

As of on the XETRA ∙ Minimum 15 minute delay

Pricing

Previous Close
12.86
Open
12.90
Volume
109,514
3M AVG Volume
17.95
Today's High
13.05
Today's Low
12.82
52 Week High
15.75
52 Week Low
7.11
Shares Out (MIL)
106.68
Market Cap (MIL)
1,371.91
Forward P/E
-43.98
Dividend (Yield %)
--

Next Event

Full Year 2019 Nordex SE Earnings Release

Latest Developments

More

Nordex expects negative working capital in 2019

Nordex Gets New Orders Totalling 248 MW In Turkey

Nordex 9-mth EBITDA Down At EUR 60.2 Mln, Outlook Confirmed

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About Nordex SE

Nordex SE is a Germany-based holding company that, along with its subsidiaries, develops, manufactures and distributes wind power systems, specializing in wind turbines, in Germany and other countries. Under the Nordex brand, the Company offers wind turbines Nordex N90/2500, N100/2500 and N117/2400. In addition to the development and production of wind power systems, the Company also provides preliminary project development services to support marketing, as well as acquires rights and creates the infrastructure required to construct wind power systems at suitable locations. The Company is active in project development in almost four markets: France, Poland, Sweden and America. The Company has offices and subsidiaries throughout the whole world and production facilities in Germany, China and the United States. The Company holds stake in other companies, including Beebe Wind LLC, Big Berry Wind Farm LLC, Flat Rock Wind LLC and Green Hills Wind LLC, among others.

Industry

Misc. Capital Goods

Contact Info

Langenhorner Chaussee 600

+49.40.300301000

http://www.nordex-online.com/

Executive Leadership

Wolfgang H. Ziebart

Chairman of the Supervisory Board

Jose Luis Blanco Dieguez

Chairman of the Management Board, Chief Executive Officer

Juan Muro-Lara Girod

Deputy Chairman of the Supervisory Board

Christoph Burkhard

Chief Financial Officer, Member of the Management Board

Patxi Landa

Chief Sales Officer, Member of the Management Board

Key Stats

2.00 mean rating - 9 analysts
Sell
Hold
Buy
Revenue (MM, EUR)

2016

3.4K

2017

3.1K

2018

2.5K

2019(E)

3.4K
EPS (EUR)

2016

1.030

2017

0.430

2018

-0.860

2019(E)

-0.292
Price To Earnings (TTM)
--
Price To Sales (TTM)
0.52
Price To Book (MRQ)
2.01
Price To Cash Flow (TTM)
34.92
Total Debt To Equity (MRQ)
51.21
LT Debt To Equity (MRQ)
45.32
Return on Investment (TTM)
-6.96
Return on Equity (TTM)
-3.08

Latest News

Latest News

Wind turbine maker Nordex's loss widens under margin pressure

German wind turbine maker Nordex fell further into the red in January-September, it said on Wednesday, while its negative free cash flow nearly doubled due to increased investments in rotor blade production in Mexico and Spain.

Acciona increases bet on wind turbines with Nordex bid

Spanish renewable energy producer Acciona <ANA.MC> has increased its bet on the wind turbine industry, launching a bid for Nordex <NDXG.DE> that values the German turbine maker at more than 1 billion euros ($1.2 billion).

Order jump boosts wind turbine maker Nordex

German wind turbine maker Nordex <NDXG.DE> on Wednesday reported a 29% jump in orders in the six months of 2019, supporting expectations for a strong second half and sending its shares sharply higher.

Wind turbine maker Nordex keeps margin outlook after profit drop

German wind turbine maker Nordex on Wednesday kept its forecast for a core operating margin of 3-5% after profits more than halved in the first half, saying it expected business to pick up considerably in the remainder of the year.

Wind turbine maker Nordex to supply Croatia's 58 MW wind farm

Croatia's state-run HEP has signed a deal with wind turbine maker Nordex on Thursday for it to supply turbines for the power utility's first wind farm.

BRIEF-Nordex To Supply Turbines With 60 MW Capacity For Le Douiche Wind Farm

* DGAP-NEWS: RIVE PRIVATE INVESTMENT AND MIROVA ACQUIRE A 60 MW WIND PROJECT IN FRANCE FROM NORDEX

Nordex stock gains after key shareholder buys stock

Jan Klatten, the husband of Germany's richest woman, has slightly increased his stake in German wind turbine maker Nordex <NDXG.DE>, according to a regulatory filing published by the company on Wednesday.

UPDATE 2-Wind turbine maker Nordex flags turnaround in German market

Wind turbine maker Nordex on Tuesday forecast a recovery in Germany, its largest market by sales, by 2020, helped by easing pricing pressure, efficiencies and an expected pick-up in demand.

BRIEF-Nordex Expanded In U.S. In 2017, To 11% Market Share

* NORDEX GROUP EXPANDED IN U.S. IN 2017, TO 11% MARKET SHARE Source text for Eikon: Further company coverage: (Gdynia Newsroom)

Wind turbine maker Nordex wins U.S. orders

Germany's Nordex, the world's sixth-largest wind turbine maker, said on Tuesday it had secured three contracts in the United States worth a combined about 820 megawatts (MW) in power capacity.

Nordex and Siemens-Gamesa vie for major Brazilian wind farm contracts

Wind turbine makers Nordex SE and Siemens Gamesa Renewable Energy SA are vying for contracts with companies that won major auctions last week to build new wind farms in Brazil, two people with knowledge of the matter said.

BRIEF-Nordex CEO says happy with major shareholder Acciona

* Ceo says our view is that the production tax credit in the u.s. Market will remain untouched

Nordex signs two power purchase contracts in India: CEO

Nordex has signed power purchase contracts with the Indian state of Karnataka for two of the German wind turbine maker's parks, its chief executive told shareholders at the group's annual general meeting on Tuesday.

UPDATE 2-Nordex CEO steps down following drastic cut in targets

Nordex Chief Executive Lars Bondo Krogsgaard will step down at the end of March, taking responsibility for a loss of confidence among investors after the wind turbine maker slashed its financial targets last month.

UPDATE 2-Nordex to increase R&D spending, cut job after sales warning

* Shares rise 5.5 pct to top of TecDAX (Adds CEO comments, further details, share price)

Nordex buys Danish maker of rotor blade moulds to cut costs

German wind turbine maker Nordex is buying Denmark's SSP Technology A/S, a maker of moulds needed to produce rotor blades, hoping this will help it lower component costs in a key area of production.

Nordex expects no near-term changes to U.S. wind incentives

German wind turbine maker Nordex does not expect U.S. incentive schemes for wind energy to change by the end of the decade, its chief executive said, adding it was less clear what the election victory of Donald Trump meant in the long-term.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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