Nordex shares jump 10% as it raises 2025 earnings forecast

Nordex SE

28/10/2025 07:16

** Shares in Nordex NDXG.DE rise 10% in early trade after the wind turbine maker hiked its full-year earnings guidance

** It now expects its FY 2025 EBITDA margin in a range of 7.5-8.5%, up from 5.0-7.0% it saw earlier

** Nordex also posted preliminary Q3 EBITDA margin of 8.0% and revenues of 1.70 billion euros ($1.98 billion), below 2.04 billion expected in an LSEG poll of analysts

** A local trader says that the guidance upgrade shows solid execution and better cost control

** "Strong margin delivery in Q3 despite the significant sales miss, with cashflow also strong," analysts at RBC Capital Markets say

** The stock is at the top of Germany mid-caps .MDAXI index in early trade

($1 = 0.8575 euros)

(Reporting by Paolo Laudani)

((Paolo.laudani@thomsonreuters.com))