euro adhoc: Nordex AG
other
Nordex reporting 67% increase in new business
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
04.01.2006
Rise in order receipts in 2005 to EUR 395 million / customer orders for 219 turbines with a total capacity of 416 MW
Hamburg, January 4, 2006. Nordex AG exceeded its forecast for new business in 2005, after raising its guidance as recently as in October 2005. In fiscal 2005, the Company registered a 67 percent rise in order receipts to EUR 394.8 million (previous year: EUR 236.4 million).
Accounting for roughly 62 percent, non-German orders again made the greatest contribution to new business. In fact, for the first time, Nordex received more orders in an export country than in Germany. In France alone, it was awarded contracts worth EUR 177.6 million (45%) due to its successful project development activities in that country.
In 2005, Nordex sold a total of 219 turbines with a combined capacity of 416 megawatts (previous year: 138 turbines with 241.2 MW) equivalent to an increase in capacity of over 70 percent. More than every second order was for the large N80/N90 turbines (2,500 and 2,300 MW, respectively).
In response to strong demand in the first three quarters of fiscal 2005, Nordex raised its new business forecast in October from EUR 300 million to more than EUR 350 million.
end of announcement euro adhoc 04.01.2006 11:17:50
Further inquiry note:
Ralf Peters
Tel.: +49 (0)40 50098 522
rpeters@nordex-online.com
Branche: Alternative energy
ISIN: DE000A0D6554
WKN: A0D655
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade