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Nordex, DE000A0D6554

Nordex stock: Strong Q3 margins meet a late pullback

Published on 11/10/2026 at 17:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Nordex stock now trades below its morning level after stronger third-quarter profitability and a higher 2026 margin outlook. Sales guidance stayed unchanged.

Margins rise as shares retreat

  • Nordex more than doubled third-quarter EBITDA as sales increased year on year.
  • Management raised its 2026 EBITDA margin guidance while leaving sales guidance unchanged.
  • The Albania order adds a new regional market and future service activity.
Nordex, DE000A0D6554, Illustration mit AI erstellt.
Nordex, DE000A0D6554, Illustration mit AI erstellt.

Nordex reported stronger third-quarter profitability on Thursday, November 5, 2026, and raised its full-year margin outlook. The figures come from the company's corporate release.

Nordex stock traded at EUR 41.49 on Lang & Schwarz at 17:46 CET on Tuesday, November 10, 2026, 4.36 percent below the EUR 43.38 quote in the company's latest own report at 07:42 CET the same day. This report-to-report move is separate from the 3.46 percent decline against the Xetra close of Tuesday, November 10, at EUR 41.52.

Profitability strengthens in Q3

Third-quarter sales rose 28.2 percent year on year to EUR 2.2 billion. EBITDA more than doubled to EUR 278.2 million from EUR 135.9 million, lifting the margin to 12.7 percent from 8.0 percent.

Net income increased to EUR 147.1 million from EUR 51.7 million. Project order intake reached 2.8 gigawatts, up 30 percent year on year, while free cash flow stood at EUR 379.1 million compared with EUR 149.0 million a year earlier.

Higher margin target, unchanged sales view

Management raised its full-year 2026 EBITDA margin guidance to 11.5 to 12.5 percent from 8.0 to 11.0 percent. The sales outlook remained EUR 8.2 billion to EUR 9.0 billion, keeping execution and delivery timing central for the final quarter.

Nordex also announced an 84-megawatt order from Verbund for its first local wind project in Albania, together with a long-term service agreement. The contract broadens the company's regional footprint and adds potential recurring service revenue.

Nordex SE at a glance

  • Company: Nordex SE
  • ISIN: DE000A0D6554
  • Xetra symbol: NDX1.DE
  • Lang & Schwarz quote: EUR 41.49 at 17:46 CET on November 10, 2026
  • Xetra close: EUR 41.52 on November 10, 2026
  • Xetra daily change: -3.46 percent

European equities remain the wider market backdrop; investors can follow the Euro Stoxx 50.

More news and analyses on Nordex stock cover the company's orders, margins and market development.

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en | DE000A0D6554 | NORDEX | boerse | 70487694 | bgmi