Reported Earnings • Jul 30
Second quarter 2026 earnings released: EPS: €0.47 (vs €0.13 in 2Q 2025) Second quarter 2026 results: EPS: €0.47 (up from €0.13 in 2Q 2025). Revenue: €2.18b (up 16% from 2Q 2025). Net income: €111.5m (up 260% from 2Q 2025). Profit margin: 5.1% (up from 1.7% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 137% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Jun 18
Now 23% overvalued The stock has been flat over the last 90 days, currently trading at €45.29. The fair value is estimated to be €36.77, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.3% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.0% per annum. Earnings are also forecast to grow by 19% per annum over the same time period. Buy Or Sell Opportunity • May 28
Now 20% overvalued Over the last 90 days, the stock has fallen 3.9% to €41.70. The fair value is estimated to be €34.68, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.3% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.7% per annum. Earnings are also forecast to grow by 19% per annum over the same time period. Reported Earnings • Apr 28
First quarter 2026 earnings released: EPS: €0.23 (vs €0.034 in 1Q 2025) First quarter 2026 results: EPS: €0.23 (up from €0.034 in 1Q 2025). Revenue: €1.59b (up 11% from 1Q 2025). Net income: €53.8m (up €45.8m from 1Q 2025). Profit margin: 3.4% (up from 0.6% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 134% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth. 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. New Risk • Mar 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Feb 26
Full year 2025 earnings released: EPS: €1.16 (vs €0.037 in FY 2024) Full year 2025 results: EPS: €1.16 (up from €0.037 in FY 2024). Revenue: €7.55b (up 3.5% from FY 2024). Net income: €274.5m (up €265.6m from FY 2024). Profit margin: 3.6% (up from 0.1% in FY 2024). Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth. 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 Reported Earnings • Nov 05
Third quarter 2025 earnings released: EPS: €0.21 (vs €0.017 in 3Q 2024) Third quarter 2025 results: EPS: €0.21 (up from €0.017 in 3Q 2024). Revenue: €1.71b (up 2.1% from 3Q 2024). Net income: €51.8m (up €47.8m from 3Q 2024). Profit margin: 3.0% (up from 0.2% in 3Q 2024). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. 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 Reported Earnings • Jul 29
Second quarter 2025 earnings released: EPS: €0.12 (vs €0.002 in 2Q 2024) Second quarter 2025 results: EPS: €0.12 (up from €0.002 in 2Q 2024). Revenue: €1.87b (flat on 2Q 2024). Net income: €31.0m (up €30.5m from 2Q 2024). Profit margin: 1.7% (up from 0% in 2Q 2024). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 27
First quarter 2025 earnings released: EPS: €0.034 (vs €0.055 loss in 1Q 2024) First quarter 2025 results: EPS: €0.034 (up from €0.055 loss in 1Q 2024). Revenue: €1.56b (down 1.2% from 1Q 2024). Net income: €8.00m (up €21.0m from 1Q 2024). Profit margin: 0.5% (up from net loss in 1Q 2024). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Mar 28
Now 22% undervalued Over the last 90 days, the stock has risen 31% to €14.92. The fair value is estimated to be €19.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 44% per annum over the same time period. 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. Buy Or Sell Opportunity • Mar 11
Now 20% undervalued Over the last 90 days, the stock has risen 36% to €15.48. The fair value is estimated to be €19.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 44% per annum over the same time period. Reported Earnings • Feb 27
Full year 2024 earnings released: EPS: €0.04 (vs €1.33 loss in FY 2023) Full year 2024 results: EPS: €0.04 (up from €1.33 loss in FY 2023). Revenue: €7.30b (up 13% from FY 2023). Net income: €8.84m (up €311.7m from FY 2023). Profit margin: 0.1% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. 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 Buy Or Sell Opportunity • Feb 11
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.3% to €11.36. The fair value is estimated to be €14.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.0% per annum. Earnings are also forecast to grow by 66% per annum over the same time period. Buy Or Sell Opportunity • Jan 22
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 17% to €11.43. The fair value is estimated to be €14.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 4.9% per annum. Earnings are also forecast to grow by 67% per annum over the same time period. 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 Buy Or Sell Opportunity • Nov 10
Now 21% overvalued Over the last 90 days, the stock has fallen 6.1% to €12.37. The fair value is estimated to be €10.18, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 7.5%. Reported Earnings • Nov 08
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: €1.41b (down 18% from 3Q 2023). Net income: €3.52m (up €38.3m from 3Q 2023). Profit margin: 0.2% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. 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 Buy Or Sell Opportunity • Oct 17
Now 21% overvalued Over the last 90 days, the stock has fallen 1.1% to €13.02. The fair value is estimated to be €10.73, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 7.5%. 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 4.7% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 6% per year. 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 17% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 6% per year. 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 5.6% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 25% per year whereas the company’s share price has fallen by 20% per year. 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 Buying Opportunity • Dec 06
Now 20% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €13.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.7% over the last 3 years. Earnings per share has declined by 37%. Revenue is forecast to grow by 1.4% in a year. Earnings is forecast to grow by 95% in the next year. Buying Opportunity • Nov 21
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 10%. The fair value is estimated to be €13.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.7% over the last 3 years. Earnings per share has declined by 37%. Revenue is forecast to grow by 1.4% in a year. Earnings is forecast to grow by 96% in the next year. Reported Earnings • Nov 16
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 6.2% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. 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 5.3% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electrical industry in the United Kingdom. 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 14% per year, which means it is well ahead of earnings. Reported Earnings • May 13
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 21% growth forecast for the Electrical industry in the United Kingdom. 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 17% 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 23% growth forecast for the Electrical industry in the United Kingdom. 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 22% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as 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 101% growth forecast for the Electrical industry in the United Kingdom. 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 6% 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 143% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 11% per year. 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 191% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has remained flat, which means it is well ahead of earnings. 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 28% 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 21% 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 21% 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 • Jan 23
New 90-day high: €25.90 The company is up 101% from its price of €12.87 on 23 October 2020. The British market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 55% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €16.03 per share. Is New 90 Day High Low • Jan 05
New 90-day high: €22.58 The company is up 71% from its price of €13.22 on 07 October 2020. The British market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 49% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €16.59 per share. Is New 90 Day High Low • Dec 15
New 90-day high: €20.36 The company is up 72% from its price of €11.83 on 16 September 2020. The British market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 36% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €27.97 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 39% growth forecast for the Electrical industry in the United Kingdom. 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 33% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Nov 11
New 90-day high: €15.44 The company is up 36% from its price of €11.32 on 12 August 2020. The British market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €39.74 per share. Is New 90 Day High Low • Oct 05
New 90-day high: €12.00 The company is up 33% from its price of €9.00 on 07 July 2020. The British market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.41 per share. 
