Nordex Group achieves order intake of 7.4 GW in the fiscal year 2023

EQS-News: Nordex SE / Key word(s): Incoming Orders
Nordex Group achieves order intake of 7.4 GW in the fiscal year 2023
16.01.2024 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

Hamburg, 16. January 2024. The Nordex Group increased its order intake for 2023 by 16 percent to a total of 7.4 gigawatts (GW) with 1,270 wind turbines (previous year: 6.3 GW with 1,235 wind turbines).

Order intake in the 4th Quarter of 2023
The fourth quarter accounted for 420 wind turbines (Q4 2022: 386) with a total output of 2.5 GW (Q4 2022: 1.9 GW). This is an increase of almost 30 percent. The average sales price in euros per megawatt of capacity (ASP) was EUR 0.84 million/MW (Q4/2022: EUR 0.89 million/MW).

Orders in the final quarter of 2023 (in MW) were distributed as follows: 92 percent, and therefore the largest share, was attributable to Europe and 8 percent to the «Rest of the world» region. The largest individual markets of the twelve countries were Germany, Sweden and Spain. 

Order intake for the full year 2023
Overall, the Nordex Group received orders from 23 countries in 2023 with an ASP of EUR 0.84 million/MW (2022: EUR 0.84 million/MW). With 19 countries, Europe accounted for 86 percent of total order intake. The largest individual European markets were Germany, Turkey, Spain and Sweden. The Latin America region, including Brazil and Chile, accounted for 8 percent of the order volume. The North America region accounted for 4 percent of orders with Canada and the «Rest of the world» region accounted for 2 percent with South Africa.

«As expected, we booked high amount of orders near the end of the year. I am very pleased that, with almost 2.5 GW in the fourth quarter, we were able to achieve another increase compared to the already good third quarter. Our product portfolio is proving to be competitive with stable prices. The large number of small projects with a high rated output – particularly in Germany – has made itself clearly felt,» says José Luis Blanco, CEO of the Nordex Group.

The Nordex Group- a profile
The Group has installed more than 44 GW of wind energy capacity in over 40 markets and in 2022 generated revenues of EUR 5.7 billion. The company currently employs a workforce of approx. 9,000. The joint manufacturing capacity includes factories in Germany, Spain, Brazil, the United States, India and Mexico. The product portfolio is focused on onshore turbines in the 4 to 6.X MW class, which are tailor-made for the market requirements of countries with limited space and regions with limited grid capacity.

Contact person for press:
Nordex SE
Felix Losada
Phone: +49 (0)40 / 300 30 – 1141

Contact for investors:
Nordex SE
Felix Zander
Phone: +49 (0) 152 0902 4029

Nordex SE
Tobias Vossberg
Phone: +49 (0) 173 4573 633

16.01.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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