Wind turbine manufacturer Nordex has reported a significant rise in earnings for the second quarter of 2025.
Earnings before interest, taxes, depreciation, and amortisation increased by around 64.3% to €108.2m, with an EBITDA margin of 5.8%.
This compares to the €65.8m recorded in the second quarter of 2024, along with an EBITDA margin of 3.5%.
The group enjoyed a strong order intake in Q2 2025, totalling 2.3GW, while net income was €31m versus €0.5m in the previous year’s quarter.
Nordex Group chief executive José Luis Blanco said: “We delivered a strong second quarter, continuing our positive momentum from the beginning of the year.
“Our profitability levels further improved and we closed the quarter with a strong free cash flow, significantly up from last year.
“Looking ahead, I am confident for the remainder of the year. So far, our order intake momentum remains strong, reflecting consistent customer demand and confirming our solid competitive position in our markets.
“We are well prepared for the future, and our sustained performance we have achieved so far reinforces my confidence that we will maintain this positive trajectory and continue progressing toward our mid-term margin target.”
The order intake of 2310MW in the Projects segment (excluding service business) was up by 81.7% compared to the previous year’s figure of 1271MW.
Total value of new orders reached €2.2bn (Q2 2024 €1.2bn)) and were received from nine countries, spanning various turbine models.
Turbine production reached 1586MW in the second quarter of 2025, marking a decrease of 14.4% compared to last year’s corresponding quarter (1852MW) driven by project scheduling.
The Nordex Group installed 337 wind turbines across 16 countries, totalling 1959MW in the second quarter of 2025. This compares to 365 wind turbines in 19 countries with a total output of 1869MW in Q2 2024.