Nordex Group Raises 2026 EBITDA Margin Guidance on Strong Preliminary Q3 Results

The Nordex Group, a global wind turbine manufacturer with a significant presence in Texas, reported preliminary third-quarter 2026 results that exceeded market expectations and raised its full-year EBITDA margin guidance. According to the announcement, the company now expects an EBITDA margin of 11.5 to 12.5 percent for 2026, up from its previous guidance of 8.0 to 11.0 percent. Preliminary unaudited EBITDA for Q3 2026 is projected at approximately EUR 278 million, a substantial increase from EUR 136 million in the same quarter last year, translating to a 12.7 percent margin compared to 8.0 percent in Q3 2025. Revenues for the quarter are expected to reach EUR 2,187 million, up from EUR 1,706 million a year earlier.

The improved performance was driven by higher margins in the Service segment and strong project execution, while risks previously assumed in the Projects segment did not materialize to the extent anticipated. Nordex also reported a strong cash position, with preliminary cash and cash equivalents totaling EUR 2,327 million at the end of Q3 2026, up from EUR 1,929 million at the end of Q4 2025. Free cash flow for the quarter is expected to be EUR 379 million, compared to EUR 149 million in Q3 2025, and the company anticipates positive free cash flow in Q4 as well, supported by additional profits, order intake momentum, and continued working capital improvement.

Jose Luis Blanco, CEO of Nordex Group, commented, "The third quarter shows what our teams can deliver. Strong execution in Projects and higher profitability in Service have put us in a very good position for the final quarter. We are raising our EBITDA margin guidance for 2026 and remain focused on profitable growth."

For Texas, this news is particularly relevant given the state's leadership in wind energy. Texas is the largest producer of wind power in the United States, and Nordex has a manufacturing facility in the state. The company's global manufacturing network includes factories in Germany, Spain, Brazil, India, the US, and Turkiye. Its product portfolio focuses on onshore turbines in the 4 to 7 MW+ classes, designed for markets with limited space and constrained grid capacity—conditions that are increasingly relevant in Texas as the grid evolves.

Nordex's raised guidance and strong cash flow position suggest growing demand for wind energy solutions, which could lead to increased orders and production activity. This may translate into economic benefits for Texas, including job creation and supply chain opportunities for local businesses. The company's commitment to profitable growth and operational efficiency could also encourage further investment in renewable energy infrastructure in the state. As Texas continues to expand its renewable energy capacity, Nordex's performance serves as a positive indicator for the industry's health and future prospects. The original release can be viewed on www.newmediawire.com, and further details are available through NEWMEDIAWIRE. Nordex will publish its full Q3 2026 results on November 5, 2026.