Nordex shares seen climbing on strong figures and outlook

Nordex SE

25/02/2026 07:30

** Shares in German wind turbine maker Nordex NDXG.DE seen up 6.6% in early Frankfurt trade after the company reported strong figures for 2025 and set a positive outlook for 2026

** Nordex reported a "blowout" fourth quarter across all metrics, a Jefferies analyst says

** The local trader points to a mid-term guidance raise for the company's EBITDA margin target to 10%-12% as a positive

** The trader says the 2026 margin target is also good

** Jefferies says that it expects a strong open as, despite no shareholder return until 2027, the results "speak for themselves"

(Reporting by Bernadette Hogg and Danny Callaghan)

((bernadette.hogg@thomsonreuters.com))