Nordex Group reported EBITDA of almost €131 million in the first quarter of 2026, up 64% year on year.
The company said this corresponded to an EBITDA margin of 8.2%, compared to 5.5% in the same period last year, reflecting continued margin improvement.
It added that sales reached €1.6 billion in the quarter, marking a 10.6% increase from €1.4 billion in the first quarter of 2025.
Net income rose to €53.6 million from €7.9 million a year earlier.
Order intake in the Projects segment totalled 1869MW, down from 2182MW in the first quarter of 2025, with a total value of €1.7 billion.
The order book stood at €17.0 billion at the end of March 2026, compared to €13.5 billion a year earlier.
The group produced 1494MW of turbines in the quarter, an increase from 1210MW in the same period last year.
Installations reached 1155MW across 14 countries, up from 1046MW across 12 countries in the first quarter of 2025.
“The first quarter developed as expected and was a positive start into the year for Nordex. We continued to execute well operationally, delivered further margin improvement, and entered the year with a strong financial position,” said José Luis Blanco, chief executive officer of Nordex Group.
“The continued demand in our core markets and an EBITDA margin exceeding 8% already in the first quarter confirm that we are on track to deliver on our guidance for 2026.”