The Nordex Group, a global wind turbine manufacturer, has announced preliminary unaudited third-quarter 2026 results that surpassed market expectations, leading to an upward revision of its full-year EBITDA margin guidance. The Hamburg-based company now expects an EBITDA margin of 11.5 to 12.5% for 2026, up from its previous guidance of 8.0 to 11.0%. This adjustment reflects stronger-than-anticipated performance in its Service segment and effective project execution, which have combined to bolster profitability.
Preliminary figures indicate that Q3 2026 EBITDA is expected to reach approximately EUR 278 million, a significant increase from EUR 136 million in the same quarter last year, translating to a 12.7% EBITDA margin compared to 8.0% in Q3 2025. Revenues for the quarter are projected at around EUR 2,187 million, up from EUR 1,706 million in the prior-year period. The company also reported a strong cash position, with cash and cash equivalents totaling EUR 2,327 million, up from EUR 1,929 million at the end of Q4 2025. Free cash flow for the quarter is expected to be EUR 379 million, more than double the EUR 149 million reported in Q3 2025. Nordex anticipates continued positive free cash flow in Q4, driven by additional profits, order intake momentum, and ongoing working capital improvements.
These developments are particularly noteworthy for the renewable energy industry, as they suggest that Nordex is effectively managing risks and capitalizing on market opportunities. The upward revision of the EBITDA margin guidance, while keeping other full-year targets unchanged—such as sales of EUR 8.2 to 9.0 billion, a working capital ratio below -9%, and CAPEX of approximately EUR 200 million—underscores the company's confidence in its operational strategy and financial health. For stakeholders and observers in the Long Beach, California area and beyond, this news highlights the growing viability and profitability of wind energy, a sector that continues to attract investment and drive technological advancements.
Jose Luis Blanco, CEO of Nordex Group, commented, "The third quarter shows what our teams can deliver. Strong execution in Projects and higher profitability in Service have put us in a very good position for the final quarter. We are raising our EBITDA margin guidance for 2026 and remain focused on profitable growth." This statement reflects the company's commitment to sustainable growth and operational excellence.
Nordex Group has a substantial global footprint, having commissioned over 67 GW of wind power capacity across more than 40 markets since 1985. With consolidated sales of around EUR 7.6 billion in 2025 and a workforce exceeding 11,100 employees, the company operates manufacturing facilities in Germany, Spain, Brazil, India, the US, and Turkiye. Its product portfolio focuses on onshore turbines in the 4 to 7 MW+ classes, designed for regions with limited space and constrained grid capacity. Nordex SE is listed on the MDAX and TecDAX of the Frankfurt Stock Exchange.
The full results for Q3 2026 are scheduled for publication on November 5, 2026. For more details, the original release can be viewed on www.newmediawire.com, and additional information is available through this link. This announcement not only reinforces Nordex's position in the renewable energy market but also signals potential opportunities for investors and industry players monitoring the transition to sustainable energy sources.
