Nordex shares reach 24-year high after strong first-quarter earnings

11 articles · Updated · The Wall Street Journal · Apr 27

Shares rose 10% to 49.44 euros, with EBITDA up 64% to 130.7 million euros, surpassing analyst estimates by 15%.
The EBITDA margin improved to 8.2% from 5.5% last year, and Nordex reaffirmed its annual performance outlook, citing robust order pipelines in the U.S. and Europe.
Despite the surge, analysts warn of risks from potential unfavorable German government reforms, turbine pricing pressures, and supply chain disruptions that could impact Nordex’s high valuation.

Why do some analysts warn against Nordex despite its record-breaking financial performance?

Are Nordex's giant new turbines enough to overcome rising costs and market volatility?

Will Germany's new energy reforms sabotage its own world-leading wind turbine industry?

As the U.S. pays to cancel wind farms, can European demand alone sustain the industry's growth?

Can Nordex's supply chain truly withstand the turmoil from the Strait of Hormuz closure?