Nordex – order intake of 1.6 GW in the fourth quarter of 2017
DGAP-News: Nordex SE / Key word(s): Incoming Orders 11.01.2018 / 13:20 Nordex – order intake of 1.6 GW in the fourth quarter of 2017 Hamburg, 11 January 2018. In the fourth quarter of 2017, the Nordex Group received firm orders for 1,598.6 megawatts (Q4/2016: 1,420.8 MW), an increase of 12.5 percent compared to Q4 2016. After the sluggish order intake registered in the first three quarters, expectations of a strong fourth quarter have been met. New business for 2017 amounted to 2,741.3 MW (2016: 3,499.1 MW). The North America division, in particular, had a strong fourth quarter, which contributed to an overall order intake of 1,045.2 MW in 2017. Consequently, the contribution made by this division to total order intake increased from 23.6 to 38.1 percent. New business in the Europe division amounted to 1,094.9 MW for 2017 as a whole, contributing to the region’s decreased total share from 50.1 to 39.9 percent. The International division received new orders for 601.2 MW. The prepayments received in connection with the strong order intake in Q4 2017 contributed to Nordex’s cash and cash equivalents position of more than EUR 600 million as of 31 December 2017.
Order intake 2017/16 by divisions (in MW)
About the Nordex Group For more information, please contact: Nordex SE 11.01.2018 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Nordex SE |
Erich-Schlesinger-Straße 50 | |
18059 Rostock | |
Germany | |
Phone: | +49 381 6663 3300 |
Fax: | +49 381 6663 3339 |
E-mail: | info@nordex-online.com |
Internet: | www.nordex-online.com |
ISIN: | DE000A0D6554 |
WKN: | A0D655 |
Indices: | TecDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
End of News | DGAP News Service |
THE NORDEX GROUP
The Nordex Group
The Group has installed more than 29 GW of wind energy capacity in over 40 markets and in 2019 generated revenues of EUR 3.3 billion. The company currently employs a workforce of approx. 7,900. The joint manufacturing capacity includes factories in Germany, Spain, Brazil, the United States, India, Argentina and Mexico. The product portfolio is focused on onshore turbines in the 2.4 to 5.X MW class, which are tailor-made for the market requirements in countries with limited space and regions with limited grid capacity.