Germany's Nordex posts strong first-quarter earnings on wind power demand

Nordex SE

27/04/2026 06:08

April 27 (Reuters) - Onshore wind turbine manufacturer Nordex NDXG.DE reported better-than-expected core earnings for the first quarter of 2026 on Monday, citing continued demand in its core markets.

The German company reported quarterly earnings before interest, taxes, depreciation and amortization (EBITDA) of 131 million euros ($154 million), compared with a company-provided analysts' consensus of 112 million euros and a year-ago result of 79.6 million euros.

($1 = 0.8529 euros)

(Reporting by Danny Callaghan in Gdansk; editing by Milla Nissi-Prussak)

((Email: danny.callaghan@thomsonreuters.com))