Nordex SE (NDX1) Earnings Call Transcripts

Nordex SE's Latest Earnings Call - Q1 FY2026

Nordex SE reported its Q1 2026 earnings, showcasing an 11% year-on-year revenue growth to EUR 1.6 billion and a significant improvement in EBITDA margin to 8.2%. The company maintained its guidance for 2026, projecting sales between EUR 8.2 billion and EUR 9 billion and an EBITDA margin of 8% to 11%. The quarter was marked by a strong financial position and operational execution, with a cash position of EUR 1.8 billion. Management expressed confidence in maintaining order intake momentum despite geopolitical uncertainties.

Reported metrics

Guidance from management

Nordex confirmed its 2026 guidance, expecting sales between EUR 8.2 billion and EUR 9 billion and an EBITDA margin of 8% to 11%. Management indicated a likely outcome above the midpoint.

What management said

Thanks, Lorenzo, and a very warm welcome from the Nordics team in Hamburg. Thank you for joining the Q1 2026 Results Management Call. As always, we take -- we ask you to take notice of our safe harbor statements. With me are our CEO, Jose Luis Blanco; and our CFO, Dr. Elia Hartman, who will lead you through the presentation. Afterwards, we will open the floor for your questions. And now I would like to hand over to...

I'd say probably combining in one response, hopefully, too. So a, to the profile, I think for calibrating and I think we did that on the full year call. yes, a step up in total in percentage numbers in the profitability probably to a similar pattern, different absolute terms, obviously, than last year. So that's how I would see the trajectory. And second important points on what it looks today in the actions Jose Lui...

What analysts pressed on

Analysts questioned the sustainability of margin improvements given the geopolitical risks and potential supply chain disruptions. Concerns were also raised about the impact of the EU Industrial Accelerator Act on supply chain configurations.

Main topics on the call

• Revenue Growth — Nordex reported a total revenue of EUR 1.6 billion, marking an 11% increase year-on-year, driven by both project and service segments. Project revenue accounted for 87% of total revenue, also growing by 11%.
• EBITDA Margin Improvement — The EBITDA margin improved to 8.2%, up from 5.5% in the previous year. Management attributed this to operational efficiencies and a stable pricing environment.
• Order Intake and Pricing — Order intake totaled EUR 1.7 billion, with an average selling price increase to $0.91 million per megawatt. Europe accounted for 97% of the order intake, indicating strong regional demand.
• Service Segment Performance — Service revenue increased to EUR 218 million, with an EBIT margin improvement to 19.2%. The service order book rose to EUR 6 billion, supporting long-term stability.

Read the full Nordex SE transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 29 Nordex SE earnings call transcripts on record, spanning March 24, 2020 to July 29, 2026. Based on this history, Nordex SE reports quarterly. The most recent call on file is dated July 29, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

NDX1

Exchange

XTRA

Country

DE

Sector

Industrials

Industry

Electrical Equipment

Calls on record

29

First call

March 24, 2020

Most recent

July 29, 2026

Reporting cadence

quarterly