Nordex Q2 orders rise on U.S. demand

Nordex reported Q2 onshore wind project orders of 3,054 MW, rising year-on-year, with the increase supported by significant orders from the U.S. The update is a modest positive for fundamentals, though the article provides limited detail on margins, backlog quality, or full-year guidance.

Analysis

Nordex reported Q2 onshore wind project orders of 3,054 MW, rising year-on-year, with the increase supported by significant orders from the U.S. The update is a modest positive for fundamentals, though the article provides limited detail on margins, backlog quality, or full-year guidance.