Nordex SE Reports Earnings Results for the Third Quarter and Nine Months of 2017; Provides Financial Guidance for 2017
For the nine months, sales were EUR 2,319.5 million against EUR 2,339.5 million a year ago. EBITDA was EUR 181.9 million against EUR 203.9 million a year ago.
For 2017, sales are expected to be slightly below EUR 3.1 billion. EBITDA margin, the company will be in the lower range of the guidance, 7.8% to 8.2%. CapEx, the company plans to execute the projects with CapEx under control and below EUR 150 million.