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Last €26.33 EUR
Change Today +0.60 / 2.32%
Volume 825.7K
NDX1 On Other Exchanges
Symbol
Exchange
OTC US
Xetra
As of 3:35 PM 08/3/15 All times are local (Market data is delayed by at least 15 minutes).

nordex se (NDX1) Snapshot

Open
€25.81
Previous Close
€25.73
Day High
€26.62
Day Low
€25.55
52 Week High
07/30/15 - €27.48
52 Week Low
10/16/14 - €10.69
Market Cap
2.1B
Average Volume 10 Days
960.5K
EPS TTM
€0.73
Shares Outstanding
80.9M
EX-Date
--
P/E TM
36.1x
Dividend
--
Dividend Yield
--
Current Stock Chart for NORDEX SE (NDX1)

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nordex se (NDX1) Details

Nordex SE, together with its subsidiaries, develops, produces, services, and markets onshore wind power systems in Europe, Asia, and the United States. It offers various wind turbines comprising N131 with 3 megawatt (MW) capacity for average wind speeds; N117 with 3 MW capacity for medium wind speeds; N100 with 3.3 MW capacity for strong-wind locations; N117 with 2.4 MW capacity for low-wind sites; N100 with 2.5 MW capacity for use in medium and low wind conditions; and N90 with 2.5 MW capacity used at strong-wind sites. The company also provides project development services, as well as acquires rights and creates the infrastructure required to construct wind power systems at suitable locations. In addition, the company offers planning, delivery, installation, and commissioning of various electrical and technical automation systems, as well as the infrastructural measures required for wind turbines. Further, it provides installation services of turnkey wind parks with the substation, as well as maintenance, inspection, repair, spare parts, modernization, technical enhancements, and remote monitoring and management services. Nordex SE was founded in 1985 and is headquartered in Hamburg, Germany.

3,060 Employees
Last Reported Date: 07/31/15
Founded in 1985

nordex se (NDX1) Top Compensated Officers

Chief Executive Officer and Member of Managem...
Total Annual Compensation: €540.0K
Chief Financial Officer and Member of Managem...
Total Annual Compensation: €488.0K
Compensation as of Fiscal Year 2014.

nordex se (NDX1) Key Developments

Nordex Se Announces Consolidated Earnings and Operating Results for the Second Quarter and First Half of 2015; Revises Guidance for the Year 2015

Nordex SE announced consolidated earnings and operating results for the second quarter and first half of 2015. For the second quarter, the company’s sales climbing by more than 54% to EUR 603.8 million in this period compared to EUR 390.9 million a year ago. The group's operating earnings improved significantly, with earnings before interest and taxes (EBIT) rising by 130% to EUR 36.7 million in the second quarter compared to EUR 15.9 million a year ago. For the first half of 2015, sales rose by 35% and sales came to EUR 1.1 billion during the period compared to EUR 815.4 million last year, particularly underpinned by strong demand in the company's core European region, which contributed 86% of total sales. EBIT rose by 66% to EUR 61.5 million compared to EUR 37.1 million a year ago. net profit climbed by 123% to EUR 36.9 million in the first half of the year due partly to a EUR 2.6 million improvement in net finance expense. The company generated a further 14% of its business in the Americas. This sharp growth is also reflected in production output in first half. Thus, turbine assembly output rose by around 75% to a record 1,013 MW compared to 579.1 MW same period in last year. For the year, the management board has now raised its guidance range for sales and now forecasts sales of EUR 2.0 - EUR 2.2 billion compared to EUR 1.9 - EUR 2.1 billion as previously announced. At the same time, the forecast for order intake has been revised upwards. New business is expected to reach EUR 2.1 - EUR 2.3 billion compared to EUR 1.8 -EUR 2.0 billion as previously announced. In addition, the company continues to expect the operating margin to widen to 5.0% - 6.0%.

Nordex SE to Install Turnkey Wind Farm in France

Nordex SE announced that it has received a new order through its Project Development division in France. The order includes the delivery of the turbines, their turnkey installation and long term service for the wind farm. In addition, Nordex developed the project in close collaboration with its customer Sameole. Nordex started construction work on the project in June 2015 and it is due to be connected to the grid at the beginning of May 2016.

Nordex Wins a New Contracts for a Total of 55 MW in Turkey

Nordex strengthens again its role in Turkey. It will be installing 19 Generation Gamma turbines N117/2400 for its new customer ARE Elektrik in the wind farm "Kurtkayasi". For ARE Elektrik this is the first wind energy project. Since its foundation in 2009 the company has so far concentrated on hydroelectric power plants. Kurtkayasi" is located in the province of Kayseri in Central Anatolia, near the city of Yayhali. With average wind speeds of around 6.9 m/s the site offers good conditions: with the planned tower height of 91 metres, the Nordex turbines are expected to generate 148,000 MWh a year, corresponding a capacity factor of more than 37%. Thus, the wind farm will provide energy for about 42,000 households. An additinal new project is for the customer Suay Enerji -retim A.S. Nordex is installing the wind farm Abduk on the Aegean coast also utilizing four N117/2400 turbines due to the prevailing average wind speeds of 6.6 m/s at the site.

 

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Dongfang Electric Corp Ltd CNY14.96 CNY 0.00
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NDX1

Industry Average

Valuation NDX1 Industry Range
Price/Earnings 34.7x
Price/Sales 1.0x
Price/Book 4.8x
Price/Cash Flow 18.7x
TEV/Sales 0.8x
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