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Posted by
Two Blokes Jun 17 -
Filed in
Stock
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Nordex is showing clear signs of improvement, particularly driven by increased service revenues and operational discipline, boosting its EBITDA margin in Q1 to 5.5% from 3.3% the previous year. Order intake grew by 7% YoY, with improved average selling prices and notable market strength in Europe, particularly Germany, Turkey, and Finland. Nordex maintains a strong balance sheet, highlighted by a substantial net cash position, providing flexibility amid ongoing industry challenges.
