Nordex Group

Nordex SE - Financial-year figures 2020

23rd March 2021

Financial figures 9M/2020 | 13 Nov 2020

2|

Disclaimer

  • › All financial figures within this presentation are final and audited.

  • › This presentation was produced in March 2021 by Nordex SE solely for use as a source of general information regarding the economic circumstances and status of Nordex SE. It does not constitute an offer for the sale of securities or an invitation to buy or otherwise acquire securities in the Federal Republic of Germany or any other jurisdiction. In particular it is not intended to be an offer, an investment recommendation or a solicitation of an offer to anyone in the U.S., Canada, Japan and Australia or any other jurisdiction. This presentation is confidential. Any reproduction or distribution of this presentation, in whole or in part, without Nordex SE's prior written consent is expressly prohibited.

  • › This presentation contains certain forward-looking statements relating to the business, financial performance and results of Nordex SE and/or the industry in which Nordex SE operates, these statements are generally identified by using phrases such "aim", "anticipate", "believe", "estimate", "expect", "forecast", "guidance", "intend", "objective", "plan", "predict", "project", and "will be" and similar expressions. Although we believe the expectations reflected in such forward-looking statements are based upon reliable assumptions, they are prepared as up-to- date and are subject to revision in the future. We undertake no responsibility to update any forward-looking statement. There is no assurance that our expectations will be attained or that any deviations may not be material. No representation or warranty can be given that the estimates, opinions or assumptions made in, or referenced by, this presentation will prove to be accurate.

3 | Agenda

Agenda

Introduction

José Luis Blanco

Markets and orders

Patxi Landa

Financials

Dr Ilya Hartmann

Operations and technology

José Luis Blanco

Guidance FY 2021

José Luis Blanco

Drivers strategic targets

José Luis Blanco

Strategic targets FY 2022

José Luis Blanco

Q&As

All

Key takeaways

José Luis Blanco

4 | Introduction

Executive summary FY 2020

FY 2020 SUCCESSFULLY COMPLETED IN LINE WITH REINSTATED GUIDANCE

Sales

EBITDA margin

Working capital ratio

EUR 4,651m

2.0%

-6.3%

  • › Order intake amounted to around 6 GW in FY 2020 despite Covid-19 pandemic › 81% accounts for latest Delta4000 turbine series.

    › Q4/2020 with 2.3 GW strongest quarter.

  • › FY 2020 sales totaled around EUR 4.6bn up 42% versus previous year (EUR 3.3bn).

    › Record of installations and production despite Covid-19 pandemic (5,461 MW installed, increase 77% yoy) and record turbine assembly (5,786 MW produced, increase 24% yoy).

  • › EBITDA margin in line with guidance, but affected by Covid-19 costs of EUR 240m and additional one-off costs due to a Nordics EPC project in FY 2020.

  • › Extensive financing measures successfully implemented in FY 2020.

  • › Sale of European project development portfolio to RWE for around EUR 400m before costs and taxes successfully completed in Q4/2020.

  • › Strategic targets for FY 2022 in place: sales of approx. EUR 5.0bn and an EBITDA margin of 8%.

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Nordex SE published this content on 23 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 March 2021 06:06:03 UTC.