Nordex raises 2025 margin guidance

Nordex has raised its full-year 2025 EBITDA margin guidance following a review of preliminary third-quarter results and an updated full-year forecast according to the company
The improved outlook was driven by strong operational execution across projects and service alongside a stable macroeconomic environment, Nordex said.
EBITDA margin guidance is now between seven and eight and a half percent, up from the previous range of five to seven percent
Preliminary Q3 2025 EBITDA reached €136m with an 8.0% margin, up from €72m and 4.3% in Q3 2024, while quarterly revenues are expected at about €1,706m versus €1,671m a year earlier, reflecting seasonal dynamics and temporary supplier-related delays in Türkiye.
Nordex ended Q3 with €1,378m in cash compared with €1,151m at end-Q4 2024, delivering €298m of free cash flow over the first nine months of 2025 versus nil in 9M 2024, and it expects positive free cash flow in Q4 on additional profits, order intake momentum and continued working capital improvement.
All other 2025 guidance items are unchanged with sales at €7.4–€7.9bn, a working capital ratio below -9%, and capex of around €200m.
“Our teams have delivered exceptionally well in Q3, and the results reflect the strength of our execution in the projects and service segments,” said José Luis Blanco, chief executive of Nordex Group.
“For the remainder of the year, we remain confident that we will be able to deliver a significant step up in profitability compared to 2024 levels, now guiding at a level of 7.5 to 8.5%,” said Blanco.
“We remain focused on driving profitable growth and creating long-term value for our shareholders,” said Blanco.
Nordex will publish full Q3 2025 results on 4 November 2025 and will host an analyst and investor call at 08:30 CET on 28 October to discuss the upgrade.
More information:https://renews.biz/103875/nordex-lifts-2025-margin-guidance/
