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4-Traders Homepage  >  Equities  >  Xetra  >  Nordex SE    NDX1   DE000A0D6554

NORDEX SE (NDX1)
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Nordex : receives three contract awards in Spain

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06/18/2018 | 09:03am CEST

Hamburg, 18 June 2018. The Nordex Group has won yet new orders from Spain. The company will supply a total of 31 turbines with a combined capacity of 95 megawatts. Nordex will begin with the installation of these wind farms starting in March 2019. Two of the wind farms will be built near Zaragoza, the third one near Cuenca.

The investor for the wind farms is an international utility with whom Nordex has been in business for many years in a number of other markets. For all three projects, the energy company opted for the AW132/3300 and AW132/3000 series, which is among the best-selling turbines from the Nordex Group. They will be installed on towers ranging between 84 and 112.5 metres in height, depending on the location. The orders also comprises a service and maintenance contract for the parks for a duration of up to three years.

Profile of the Nordex Group

The Group has installed wind power capacity of more than 23 GW in over 25 markets, generating sales of around EUR 3.1 billion in 2017. It currently has roughly 5,000 employees. The production network comprises plants in Germany, Spain, Brazil, the United States and India. The product range primarily concentrates on onshore turbines in the 1.5 - 4.8 MW class addressing the requirements of land constrained as well as grid constrained markets.

Disclaimer

Nordex SE published this content on 18 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 18 June 2018 07:02:05 UTC

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Financials (€)
Sales 2018 2 528 M
EBIT 2018 -14,5 M
Net income 2018 -24,1 M
Debt 2018 59,4 M
Yield 2018 0,23%
P/E ratio 2018 -
P/E ratio 2019 64,58
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Capitalization 922 M
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Mean consensus HOLD
Number of Analysts 14
Average target price 9,44 €
Spread / Average Target -0,71%
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NameTitle
Franco Luis Blanco Dieguez Chief Executive Officer
Wolfgang H. Ziebart Chairman-Supervisory Board
Christoph Burkhard Chief Financial Officer
Jan Klatten Member-Supervisory Board
Martin Wolfgang Johannes Rey Member-Supervisory Board
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