Announcement • Mar 27
Nordex SE, Annual General Meeting, May 05, 2026 Nordex SE, Annual General Meeting, May 05, 2026, at 10:30 W. Europe Standard Time. Announcement • Jan 16
Nordex SE to Report First Half, 2026 Results on Jul 29, 2026 Nordex SE announced that they will report first half, 2026 results on Jul 29, 2026 Announcement • Nov 05
Nordex SE to Report Fiscal Year 2025 Results on Feb 26, 2026 Nordex SE announced that they will report fiscal year 2025 results on Feb 26, 2026 Announcement • Oct 14
Nordex SE to Report Q3, 2025 Results on Nov 04, 2025 Nordex SE announced that they will report Q3, 2025 results at 7:00 AM, Central European Standard Time on Nov 04, 2025 Announcement • Mar 27
Nordex SE, Annual General Meeting, May 06, 2025 Nordex SE, Annual General Meeting, May 06, 2025, at 10:00 W. Europe Standard Time. Announcement • Feb 27
Nordex SE to Report Q1, 2025 Results on Apr 30, 2025 Nordex SE announced that they will report Q1, 2025 results on Apr 30, 2025 Announcement • Dec 12
Nordex SE to Report Q2, 2025 Results on Jul 29, 2025 Nordex SE announced that they will report Q2, 2025 results on Jul 29, 2025 Announcement • Nov 07
Nordex SE to Report Fiscal Year 2024 Results on Feb 27, 2025 Nordex SE announced that they will report fiscal year 2024 results on Feb 27, 2025 Reported Earnings • Jul 26
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: €1.80b (up 17% from 2Q 2023). Net income: €1.00m (up €85.1m from 2Q 2023). Profit margin: 0.1% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Electrical industry in Switzerland. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Breakeven Date Change • Jul 15
Forecast to breakeven in 2024 The 11 analysts covering Nordex expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €30.5m in 2024. Earnings growth of 76% is required to achieve expected profit on schedule. Reported Earnings • May 15
First quarter 2024 earnings released: €0.06 loss per share (vs €1.01 loss in 1Q 2023) First quarter 2024 results: €0.06 loss per share (improved from €1.01 loss in 1Q 2023). Revenue: €1.57b (up 29% from 1Q 2023). Net loss: €13.0m (loss narrowed 94% from 1Q 2023). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Electrical industry in Switzerland. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Apr 30
The Nordex Group Announces Executive Changes The Nordex Group is expanding its activities in the USA and has appointed Manav Sharma as CEO of the business in North America, with effect from 1st June,2024. Mr. Sharma has a long-standing experience of 16 years within the industry, having already served in various senior management positions before joining Nordex. Prior to his current role as the Nordex Group's Chief Transformation Officer, in his position as Chief Operations Officer (COO), Mr. Sharma was responsible for the Company's global operations. John McComas, who has been leading activities in the North American region since April 2021, will assume the newly created position of COO North America. In his new role, Mr. Sharma will be responsible for the expansion of the Nordex Group's US business: In March, the company announced that it is currently working on the launch of a turbine specifically tailored to the requirements of the American market. As early as mid of this year, the company plans to announce a turbine variant with an optimized capacity factor for US project conditions, designed to significantly increase yield in pure grid constrained projects. Reported Earnings • Mar 01
Full year 2023 earnings released: €1.33 loss per share (vs €2.71 loss in FY 2022) Full year 2023 results: €1.33 loss per share (improved from €2.71 loss in FY 2022). Revenue: €6.49b (up 14% from FY 2022). Net loss: €302.8m (loss narrowed 39% from FY 2022). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Electrical industry in Switzerland. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Dec 19
Nordex SE to Report Fiscal Year 2023 Final Results on Feb 29, 2024 Nordex SE announced that they will report fiscal year 2023 final results on Feb 29, 2024 Reported Earnings • Nov 18
Third quarter 2023 earnings released: €0.15 loss per share (vs €0.43 loss in 3Q 2022) Third quarter 2023 results: €0.15 loss per share (improved from €0.43 loss in 3Q 2022). Revenue: €1.72b (down 1.3% from 3Q 2022). Net loss: €34.8m (loss narrowed 61% from 3Q 2022). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Electrical industry in Switzerland. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. New Risk • Sep 12
New major risk - Revenue and earnings growth Earnings have declined by 45% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 45% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (12% increase in shares outstanding). New Risk • Sep 06
New major risk - Revenue and earnings growth Earnings have declined by 45% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 45% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (12% increase in shares outstanding). Reported Earnings • Jul 28
Second quarter 2023 earnings released: €0.36 loss per share (vs €0.82 loss in 2Q 2022) Second quarter 2023 results: €0.36 loss per share (improved from €0.82 loss in 2Q 2022). Revenue: €1.54b (up 29% from 2Q 2022). Net loss: €84.1m (loss narrowed 37% from 2Q 2022). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Electrical industry in Switzerland. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Reported Earnings • May 14
First quarter 2023 earnings released: €1.01 loss per share (vs €0.94 loss in 1Q 2022) First quarter 2023 results: €1.01 loss per share (further deteriorated from €0.94 loss in 1Q 2022). Revenue: €1.22b (up 31% from 1Q 2022). Net loss: €214.8m (loss widened 43% from 1Q 2022). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Electrical industry in Switzerland. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Reported Earnings • Apr 02
Full year 2022 earnings released: €2.71 loss per share (vs €1.68 loss in FY 2021) Full year 2022 results: €2.71 loss per share (further deteriorated from €1.68 loss in FY 2021). Revenue: €5.69b (up 4.6% from FY 2021). Net loss: €497.8m (loss widened 116% from FY 2021). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Electrical industry in Europe. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Reported Earnings • Nov 16
Third quarter 2022 earnings released: €0.43 loss per share (vs €0.30 loss in 3Q 2021) Third quarter 2022 results: €0.43 loss per share (further deteriorated from €0.30 loss in 3Q 2021). Revenue: €1.75b (up 39% from 3Q 2021). Net loss: €88.4m (loss widened 122% from 3Q 2021). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electrical industry in Europe. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Reported Earnings • Aug 17
Second quarter 2022 earnings released: €0.83 loss per share (vs €0.08 loss in 2Q 2021) Second quarter 2022 results: €0.83 loss per share (down from €0.08 loss in 2Q 2021). Revenue: €1.19b (down 17% from 2Q 2021). Net loss: €132.7m (loss widened €123.6m from 2Q 2021). Over the next year, revenue is forecast to grow 14%, compared to a 12% growth forecast for the Electrical industry in Switzerland. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Reported Earnings • Jun 21
First quarter 2022 earnings released: €0.94 loss per share (vs €0.47 loss in 1Q 2021) First quarter 2022 results: €0.94 loss per share (down from €0.47 loss in 1Q 2021). Revenue: €1.25b (flat on 1Q 2021). Net loss: €150.5m (loss widened 175% from 1Q 2021). Over the next year, revenue is expected to shrink by 5.2% compared to a 15% growth forecast for the industry in Switzerland. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Reported Earnings • Mar 30
Full year 2021 earnings released: €1.68 loss per share (vs €1.21 loss in FY 2020) Full year 2021 results: €1.68 loss per share (down from €1.21 loss in FY 2020). Revenue: €5.44b (up 17% from FY 2020). Net loss: €230.2m (loss widened 77% from FY 2020). Over the next year, revenue is forecast to stay flat compared to a 17% growth forecast for the industry in Switzerland. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Breakeven Date Change • Mar 02
Forecast to breakeven in 2023 The 10 analysts covering Nordex expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €78.7m in 2023. Average annual earnings growth of 105% is required to achieve expected profit on schedule. Breakeven Date Change • Dec 03
Forecast breakeven date pushed back to 2023 The 10 analysts covering Nordex previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 82% per year to 2022. The company is expected to make a profit of €100.0m in 2023. Average annual earnings growth of 110% is required to achieve expected profit on schedule. Reported Earnings • Nov 16
Third quarter 2021 earnings released: €0.30 loss per share (vs €0.68 profit in 3Q 2020) The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: €1.26b (up 13% from 3Q 2020). Net loss: €39.9m (down 155% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 38% per year, which means it is well ahead of earnings. Breakeven Date Change • Sep 23
Forecast to breakeven in 2021 The 10 analysts covering Nordex expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €1.27m in 2021. Earnings growth of 77% is required to achieve expected profit on schedule. Reported Earnings • Aug 18
Second quarter 2021 earnings released: €0.08 loss per share (vs €1.33 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: €1.45b (up 33% from 2Q 2020). Net loss: €9.09m (loss narrowed 94% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings. Breakeven Date Change • Aug 13
Forecast breakeven pushed back to 2022 The 11 analysts covering Nordex previously expected the company to break even in 2021. New consensus forecast suggests the company will make a profit of €116.7m in 2022. Average annual earnings growth of 62% is required to achieve expected profit on schedule. Reported Earnings • May 14
First quarter 2021 earnings released: €0.47 loss per share (vs €0.36 loss in 1Q 2020) The company reported a soft first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: €1.25b (up 30% from 1Q 2020). Net loss: €54.7m (loss widened 44% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings. Executive Departure • Mar 02
CFO & Member of Management Board has left the company On the 28th of February, Christoph Burkhard's tenure as CFO & Member of Management Board ended after 4.5 years in the role. We don't have any record of a personal shareholding under Christoph's name. Christoph is the only executive to leave the company over the last 12 months. Is New 90 Day High Low • Feb 11
New 90-day high: CHF24.16 The company is up 79% from its price of CHF13.50 on 13 November 2020. The Swiss market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF17.56 per share. Is New 90 Day High Low • Dec 15
New 90-day high: CHF14.50 The company is up 7.0% from its price of CHF13.50 on 16 September 2020. The Swiss market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF21.10 per share. Is New 90 Day High Low • Nov 26
New 90-day high: CHF14.00 The company is up 4.0% from its price of CHF13.50 on 28 August 2020. The Swiss market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Electrical industry, which is also up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF17.43 per share. Analyst Estimate Surprise Post Earnings • Nov 17
Revenue misses expectations Revenue missed analyst estimates by 5.6%. Over the next year, revenue is expected to shrink by 7.0% compared to a 8.0% growth forecast for the Electrical industry in Switzerland. Reported Earnings • Nov 17
Third quarter 2020 earnings released: EPS €0.68 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: €1.45b (up 53% from 3Q 2019). Net income: €72.5m (up €93.7m from 3Q 2019). Profit margin: 5.0% (up from net loss in 3Q 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. 
