Curated News
By: NewsRamp Editorial Staff
October 15, 2026
Nordex Raises EBITDA Margin Guidance After Strong Q3 Results
TLDR
- Nordex raised 2026 EBITDA margin guidance to 11.5-12.5 percent, signaling a competitive edge in wind energy profitability.
- Nordex achieved Q3 EBITDA of EUR 278 million and revenue of EUR 2,187 million, driven by higher Service margins and strong project execution.
- Nordex's profitable growth in wind power supports global renewable energy expansion, reducing carbon emissions and fostering a sustainable future.
- Nordex's Q3 free cash flow surged to EUR 379 million, more than doubling from last year's EUR 149 million.
Impact - Why it Matters
This news matters because it signals a robust recovery and operational efficiency for Nordex, a key player in the renewable energy sector. The upward revision of EBITDA margin guidance reflects the company's ability to navigate challenges and capitalize on growth opportunities, which is crucial for investor confidence and the broader transition to clean energy. Strong financial performance enables Nordex to invest in innovation and expand its footprint, ultimately accelerating the adoption of wind power and contributing to global sustainability goals.
Summary
HAMBURG, GERMANY - October 15, 2026 (NEWMEDIAWIRE) - The Nordex Group has announced preliminary third-quarter 2026 results that exceeded market expectations, prompting an upward revision of its full-year EBITDA margin guidance. The wind turbine manufacturer now expects an EBITDA margin of 11.5% to 12.5%, a significant increase from the previous guidance of 8.0% to 11.0%. Preliminary unaudited EBITDA for Q3/2026 is projected at approximately EUR 278 million, more than double the EUR 136 million reported in Q3/2025, translating to a 12.7% margin. Revenues for the quarter are expected to reach EUR 2,187 million, up from EUR 1,706 million in the prior-year period.
The improved performance is attributed to higher margins in the Service segment and strong project execution, as risks previously assumed in the Projects segment did not materialize to the extent anticipated. CEO Jose Luis Blanco commented, "The third quarter shows what our teams can deliver. Strong execution in Projects and higher profitability in Service have put us in a very good position for the final quarter. We are raising our EBITDA margin guidance for 2026 and remain focused on profitable growth." The company also reported a strong cash position, with cash and cash equivalents totaling EUR 2,327 million, up from EUR 1,929 million at the end of Q4/2025, and free cash flow of EUR 379 million for the quarter. Nordex expects free cash flow to remain positive in Q4, supported by additional profits, order intake momentum, and continued working capital improvement. All other elements of the full-year guidance remain unchanged: sales of EUR 8.2-9.0 billion, a working capital ratio below -9%, and CAPEX of approximately EUR 200 million. Nordex will publish its full Q3 2026 results on November 5, 2026.
Source Statement
This curated news summary relied on content distributed by NewMediaWire. Read the original source here, Nordex Raises EBITDA Margin Guidance After Strong Q3 Results
