Nordex SE Reports Profit, Sales Surge in Fiscal 2024

Nordex SE posts profit for fiscal 2024, reversing last year's loss. With a 13% increase in net sales and strong EBITDA growth, the outlook appears positive for investors.

Date: 27-02-2025

AI Rating: 7

Earnings Per Share (EPS)
Nordex SE reported a profit of 0.04 euros per share in fiscal 2024, a notable turnaround from the previous year's loss of 1.33 euros per share. This strong recovery in EPS indicates improved financial health.

Net Income
The company achieved a consolidated net profit of 9 million euros, contrasting sharply with the net loss of 303 million euros reported last year. This significant improvement in net income signals a positive shift in the company's performance.

Revenue Growth
Nordex SE's group sales reached 7.3 billion euros, marking a 12.5% increase from 6.5 billion euros a year ago. Such revenue growth is a positive indicator for investors, showing the company's capability to expand its market presence.

Profit Margins
The EBITDA surged to 296 million euros from just 2 million euros in the previous year, showcasing a remarkable operational efficiency improvement. The EBITDA margin for the year was reported at 4.1%, exceeding expectations.

EBITDA Guidance
For fiscal 2025, Nordex SE expects its EBITDA margin to range between 5.0 to 7.0%. This indicates that the company anticipates continued growth and improvement in profitability.

Given the strong performance in fiscal 2024 and optimistic guidance, the stock of Nordex SE could see positive adjustments, encouraging investor confidence.

Stocks: NRDXF