Nordex Group Posts Strong Q1 2026 Results with Margin Growth

Nordex Group reported promising financial performance for Q1 2026, with sales reaching EUR 1.6 billion, marking an 11% increase from the same period in 2025. EBITDA rose significantly by 64.3% to EUR 131 million, translating to an improved margin of 8.2% compared to 5.5% last year.

The company confirmed its annual guidance, underlining operational efficiency and robust demand in key markets. Order intake decreased slightly, yet the total order book expanded to EUR 17 billion, suggesting steady future growth.

Production increased with 1,494 MW of turbines produced, a 23.5% rise from 2025. The installation of 227 turbines across 14 countries highlights the widened geographical footprint of Nordex.

Financial stability remains strong with total assets at EUR 6.9 billion and an equity ratio of 19.4%. Although free cash flow turned negative at EUR -98.1 million, the working capital ratio improved, supporting a healthy financial structure.