German wind turbine manufacturer Nordex reported a sharp rise in second-quarter earnings for 2025, supported by improved profitability and robust order intake across international markets.
Earnings before interest, taxes, depreciation and amortisation (EBITDA) rose by 64.3% to €108.2 million, compared to €65.8 million in the same quarter of 2024. The company’s EBITDA margin improved to 5.8% from 3.5% a year earlier.
“We delivered a strong second quarter, continuing our positive momentum from the beginning of the year,” said José Luis Blanco, CEO of Nordex Group. “Our profitability levels further improved and we closed the quarter with a strong free cash flow, significantly up from last year.”
Net income reached €31 million, up from €0.5 million in Q2 2024.
Order intake during the quarter totalled 2.3 gigawatts (GW), up 81.7% from 1.27GW a year earlier, with new orders valued at €2.2 billion, compared to €1.2 billion in Q2 2024. Orders were received from nine countries and covered a range of turbine models, the company said.
Blanco added: “Looking ahead, I am confident for the remainder of the year. So far, our order intake momentum remains strong, reflecting consistent customer demand and confirming our solid competitive position in our markets.”
Despite the strong commercial performance, turbine production declined 14.4% year-on-year to 1.59GW, which the company attributed to project scheduling. Installations during the quarter included 337 wind turbines across 16 countries, with a combined capacity of 1.96GW. This compares to 365 turbines and 1.87GW in the same period last year.
Nordex said it remains on track to meet its mid-term margin targets, supported by consistent performance and ongoing demand.
