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Nordex Group's order intake reached nearly 1.1 gigawatt in the second quarter

2018-07-12 07:30:06

DGAP-News: Nordex SE / Key word(s): Incoming Orders

12.07.2018 / 07:30
The issuer is solely responsible for the content of this announcement.



Nordex Group's order intake reached nearly 1.1 gigawatt in the second quarter

Global footprint pays off


Hamburg, 12 July 2018. The Nordex Group recorded order intake of 1,089.8 megawatts in the second quarter of 2018 (previous year: 565.5 MW), thus continuing the performance seen at the first quarter of the year when new business exceeded one gigawatt. At the end of the first half of 2018, the Group achieved order intake of a total of around 2.1 gigawatts (H1/2017: 933 MW) in project business (without service).

Performance in the second quarter was particularly underpinned by demand in Brazil, where the Group obtained the largest single order (595 MW) in its history. Together with a further order for 123 MW, Brazil was the largest individual market (718 MW) for the Group. In addition, an order for 147 MW was gained in South Africa. This is also reflected in new business by turbine type, with the AW3000 accounting for roughly 88 percent of order intake.

 

Profile of the Nordex Group
The Group has installed wind power capacity of more than 23 GW in over 25 markets, generating sales of around EUR 3.1 billion in 2017. It currently has roughly 5,000 employees. The production network comprises plants in Germany, Spain, Brazil, the United States and India. The product range primarily concentrates on onshore turbines in the 1.5 - 4.8 MW class addressing the requirements of land constrained as well as grid constrained markets.

Contact for inquiries:

Nordex SE
Ralf Peters
Phone: 049 (0)40 / 300 30 - 1522
rpeters@nordex-online.com

Nordex SE
Felix Zander (Head of Investor Relations)
Phon: +49 (0)40 / 300 30 - 1116
fzander@nordex-online.com



12.07.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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