euro adhoc: Nordex AG
quarterly or semiannual financial statement
Nordexs
new business still exceeding forecasts
Order receipts in first half of the year up 150% to EUR 400 million
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
05.07.2006
In the first six months of the current business year, the Nordex Group (ISIN: DE000A0D6554) achieved a roughly 150% year-on-year increase in new business. As of June 30, 2006, order receipts were valued at roughly EUR 400 million (year-ago period: EUR 158 million). Accordingly, new business is continuing to exceed forecasts. Order receipts of around EUR 140 million in the second quarter (previous year: EUR 123 million) matched the Companys expectations. For the year as a whole, Nordex currently expects to be able to report new business of around EUR 600 million (previous year: EUR 395 million).
The strong order intake is particularly being underpinned by brisk international demand. Roughly 80% of new orders came from out-side Germany (previous year: 43%), including EUR 195 million alone from France, where Nordexs project development activities are proving successful. As in the previous year, Nordex plans to widen its market share in the high-growth markets of Europe and Asia in particular.
New business is being increasingly spurred by demand for Nordexs high-end range of wind turbines. Some 77% of order receipts relate to projects with the N80/N90 (2,300 - 2,500 kW), up from 47% in the previous year. As a result, Nordex is able to harness additional economies of scale.
end of announcement euro adhoc 05.07.2006 09:37:20
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