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Wind turbine maker Nordex beats second quarter earnings expectations

Wind turbine maker Nordex beats second quarter earnings expectations

- Onshore wind turbine maker Nordex NDXG.DE reported better-than-expected core earnings for the second quarter, driven by strong demand in Europe and a boost from significant U.S. orders, it said on Wednesday.

The German company reported quarterly earnings before interest, taxes, depreciation and amortization (EBITDA) of €224 million ($255.36 million), compared to a company-provided analyst consensus of €189 million.

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(Reporting by Danny Callaghan and Kira Britten)

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

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