XTRA:NDX1Electrical
Nordex (XTRA:NDX1) Margin Surge Reinforces Bullish Narrative Despite Premium Valuation
Nordex (XTRA:NDX1) continued its remarkable earnings improvement, with profitability rising at an annual rate of 20.3% over the past five years and a dramatic jump of 384.7% in the latest year. Net profit margins climbed to 1.5%, up from 0.3% a year earlier. Revenue is forecast to grow 7.1% annually, topping the 6.1% pace of the wider German market. With earnings projected to increase 33.7% per year going forward, the company stands out for both ongoing growth and a strong margin turnaround...