The Nordex Group announced an upward revision to its full-year 2025 EBITDA margin guidance, now expecting profitability in the range of 7.5 to 8.5 percent compared to the previous forecast of 5.0 to 7.0 percent. This significant adjustment follows a review of preliminary third-quarter 2025 financial results and reflects improved operational performance across both project and service business segments.
Preliminary third-quarter 2025 results show substantial improvement, with EBITDA reaching €136 million at an 8.0 percent margin, nearly doubling from €72 million and 4.3 percent margin in the same quarter of 2024. Revenue for the quarter is expected to be approximately €1,706 million, remaining broadly consistent with the prior year's €1,671 million despite seasonal dynamics and temporary supplier-related delays in Türkiye.
The company's financial position strengthened considerably, ending the third quarter with €1,378 million in cash compared to €1,151 million at the end of 2024. This contributed to free cash flow generation of €298 million in the first nine months of 2025, a significant improvement from nil free cash flow during the same period in 2024. Nordex anticipates continued positive free cash flow generation in the fourth quarter, driven by additional profits, strong order intake momentum, and ongoing working capital improvement.
Jose Luis Blanco, CEO of Nordex Group, stated that the results reflect exceptional team performance and strong execution in both project and service segments. He expressed confidence in delivering significantly improved profitability compared to 2024 levels while maintaining focus on driving profitable growth and creating long-term shareholder value.
This improved outlook matters because it signals growing financial stability and operational efficiency within the wind energy sector at a time when renewable energy investment faces economic pressures. The stronger profitability guidance suggests Nordex is overcoming industry challenges through better execution and cost management, potentially indicating broader sector recovery.
The implications extend beyond Nordex to the entire renewable energy industry, as improved profitability could attract more investment into wind power development. For consumers and policymakers, this demonstrates that wind energy companies can achieve sustainable financial performance while contributing to clean energy transitions. The company's performance may influence investor confidence in renewable energy stocks and support continued expansion of wind power capacity globally.
Nordex will release full third-quarter 2025 results on November 4, 2025, with management scheduled to present preliminary results and discuss the upgraded outlook during an analyst and investor call on October 28, 2025. Additional information is available through the company's official communications channels at https://www.nordex-online.com.
