Nordex Profits Beat Estimates as Shares Surge 10 Percent
The German wind turbine manufacturer reported a 64 percent rise in core earnings today driven by strong European demand. Shares jumped as the company confirmed it remains on track to meet its 2026 financial guidance.
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NORDEX SE shares surged 10% in early trading following the release of first-quarter financial results that significantly outpaced market expectations. The German wind turbine manufacturer reported earnings before interest, taxes, depreciation, and amortization (EBITDA) of 131 million euros ($154 million), representing a 64% increase compared to the previous year. This performance comfortably exceeded the analyst consensus of 112 million euros.
