Latest news with #Nordex
Yahoo
18-04-2025
- Business
- Yahoo
Nordex SE's (ETR:NDX1) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Nordex (ETR:NDX1) has had a great run on the share market with its stock up by a significant 32% over the last three months. However, we wonder if the company's inconsistent financials would have any adverse impact on the current share price momentum. Specifically, we decided to study Nordex's ROE in this article. Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In short, ROE shows the profit each dollar generates with respect to its shareholder investments. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. The formula for return on equity is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Nordex is: 0.9% = €8.8m ÷ €997m (Based on the trailing twelve months to December 2024). The 'return' is the yearly profit. So, this means that for every €1 of its shareholder's investments, the company generates a profit of €0.01. View our latest analysis for Nordex So far, we've learned that ROE is a measure of a company's profitability. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a company's earnings growth potential. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics. It is hard to argue that Nordex's ROE is much good in and of itself. Not just that, even compared to the industry average of 14%, the company's ROE is entirely unremarkable. Therefore, it might not be wrong to say that the five year net income decline of 7.8% seen by Nordex was possibly a result of it having a lower ROE. We believe that there also might be other aspects that are negatively influencing the company's earnings prospects. For example, the business has allocated capital poorly, or that the company has a very high payout ratio. However, when we compared Nordex's growth with the industry we found that while the company's earnings have been shrinking, the industry has seen an earnings growth of 19% in the same period. This is quite worrisome. The basis for attaching value to a company is, to a great extent, tied to its earnings growth. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. This then helps them determine if the stock is placed for a bright or bleak future. What is NDX1 worth today? The intrinsic value infographic in our free research report helps visualize whether NDX1 is currently mispriced by the market. Nordex doesn't pay any regular dividends, meaning that the company is keeping all of its profits, which makes us wonder why it is retaining its earnings if it can't use them to grow its business. So there could be some other explanations in that regard. For instance, the company's business may be deteriorating. On the whole, we feel that the performance shown by Nordex can be open to many interpretations. While the company does have a high rate of reinvestment, the low ROE means that all that reinvestment is not reaping any benefit to its investors, and moreover, its having a negative impact on the earnings growth. Having said that, looking at current analyst estimates, we found that the company's earnings growth rate is expected to see a huge improvement. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
12-04-2025
- Business
- Yahoo
Energy company sees record profits after solving a major technical challenge: 'One of the keys to our success'
One of the world's largest wind turbine manufacturers has landed another massive deal that may change how we view wind energy in cold weather climates. As reported by reNEWS, a wind farm developer in Nova Scotia, Canada, has ordered 16 N163/5.X turbines from Nordex Group. With an output capacity of 5.9 megawatts each, the projected wind farm will have a total capacity of 94 megawatts. Nordex, a renewable energy company based in Hamburg, Germany, reported continued steady revenue growth in 2024. The company has touted its Nordex Advanced Anti-Icing System for its rotor blades as an answer to cold weather that may normally limit availability. As noted by the U.S. Energy Information Administration, wind turbines do not produce any pollution, making them one the most eco-friendly energy sources. This can lead us to a cleaner and cooler future by eliminating our dependence on dirty energy. Wind turbines can also take up less space than other energy plants, while also being able to be located in just about any location. According to the EIA, wind turbines can operate in "open land, on mountain ridges, or offshore in lakes or the ocean." And according to a report from the U.S. Department of Energy, the wind energy sector employs over 130,000 people throughout the country. That is more than both the coal and natural gas industries. New wind energy projects also inject billions of dollars into the economy. Besides boosting the U.S. economy, wind energy can save homeowners money on their eclectic bill. As a carbon-free and sustainable energy source, wind energy is more efficient for energy companies to produce than energy from dirty sources. This means that the more wind farms that are built, the less consumers would need to pay in order for these companies to make a profit. Manav Sharma, CEO of the North America division for the Nordex Group, pointed to the company's innovation behind its deal in Nova Scotia. "Fifteen years ago, we integrated an anti-icing system for rotor blades into our turbines for the first time," Sharma said in a statement. "Today, our proven anti-icing solution is one of the keys to our success in cold climate regions, such as Canada. Since ice formation on the rotor blade surface is prevented, ice-related downtimes are minimized." Will America someday get all its energy from renewable sources? Yes — very soon Yes — by 2050 Yes — by 2070 Probably never Click your choice to see results and speak your mind. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.
See - Sada Elbalad
07-03-2025
- Business
- See - Sada Elbalad
Morocco Approves $32.5 Bln Hydrogen ProjectsMo
Morocco has given the green light to a series of major green hydrogen projects worth $32.5 billion, aiming to position itself as a key player in the global clean energy transition. These projects will focus on producing green ammonia, steel, and industrial fuels, aligning with the country's strategy to expand renewable energy and bolster exports to the European market. The Moroccan government has selected several international and domestic companies to spearhead the initiative. Among them are the American firm Ortus, Spain's Acciona, and Germany's Nordex, all of which will contribute to the production of green ammonia. The Emirati energy giant TAQA and Spain's Cepsa have also received approval for projects focused on ammonia and fuel production. Meanwhile, Morocco 's own Nareva will undertake integrated projects to produce green ammonia, fuel, and steel. Saudi Arabia's ACWA Power has been assigned steel production, while China's UEG and China Three Gorges Corporation will collaborate on ammonia production. As part of the initiative, the Moroccan government has committed to providing up to 30,000 hectares of land for each project, pending the signing of preliminary agreements. The country sees green hydrogen—produced through electrolysis powered by renewable energy—as a key element in achieving its domestic energy goals and strengthening its position as a clean energy exporter. In March of last year, Morocco announced plans to allocate an initial 300,000 hectares for large-scale renewable energy projects. These ventures will integrate renewable power generation with hydrogen electrolysis to produce ammonia, methanol, and synthetic fuels. The government aims to increase the share of renewables in its energy mix to 52 percent by 2030, up from the current 45 percent.
Yahoo
06-03-2025
- Business
- Yahoo
Nordex Full Year 2024 Earnings: EPS Misses Expectations
Revenue: €7.30b (up 13% from FY 2023). Net income: €8.84m (up from €302.8m loss in FY 2023). Profit margin: 0.1% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. EPS: €0.04 (up from €1.33 loss in FY 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 36%. Looking ahead, revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Electrical industry in Germany. Performance of the German Electrical industry. The company's shares are up 19% from a week ago. While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on Nordex's balance sheet. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
27-01-2025
- Business
- Yahoo
The Nordex Group Announces Leadership Transition as CSO Takes on New Role Within the Company
HAMBURG, Germany - January 27, 2025 (NEWMEDIAWIRE) - The Nordex Group today announced that Patxi Landa, Chief Sales Officer (CSO) of Nordex SE transitions to a new role as Head of Nordex Capital. In his new position, Patxi Landa will focus on providing support to select customers in their project development across Nordex's key markets with a view to generating additional turbine sales opportunities. Consequently, Patxi Landa has stepped down from his current role, Chief Executive Officer (CEO) Jose Luis Blanco takes over and assumes the responsibilities of the CSO in the management board. "This strategic move reflects the company's desire to foster ever closer relationships with its customers while also supporting revenue growth within its core business," says CEO Jose Luis Blanco of the new function, which will report to him. Patxi Landa joined Nordex with the merger with Acciona Windpower in 2016 and has been responsible for sales since 1 April 2016. During his tenure, he successfully supported the company's growth strategy and global transformation from EUR 2.5bn revenues in 2018 to >EUR 7bn in 2024 by helping Nordex effectively navigate challenging market environments and driving order intake levels to another record of 8.3GW in 2024. "Patxi has been a great colleague and support over the last eight years in ensuring growth of the Nordex Group and improving its market share. We are confident that he will do well in his new role, which is critical to achieving our strategic goals." says Jose Luis Blanco, CEO of the Nordex Group. Dr Wolfgang Ziebart, chairman of the supervisory board of Nordex SE, further adds "On behalf of the supervisory board and the management board, we would like to thank him for his excellent work as CSO and wish him very well and much success for his new role!" Going forward, the management board of Nordex SE will comprise two board members, with Jose Luis Blanco as CEO and Dr Ilya Hartmann as Chief Financial Officer bearing overall responsibility for the management of the Nordex Group. About the Nordex Group The Group has installed more than 53 GW of wind power capacity in over 40 markets in its corporate history and generated consolidated sales of around EUR 6.5 billion in 2023. The Company currently has more than 10,200 employees, and the Group's manufacturing network includes factories in Germany, Spain, Brazil, India, USA and Mexico. Nordex' product portfolio is currently focused on onshore turbines in the 4 to 6 MW+ classes that are designed to meet the market requirements of countries with limited space availability and regions with constrained grid person for press:Nordex SEFelix LosadaTelephone: +49 (0) 40 30030 1141E-mail: flosada@ for investors:Nordex SEAnja SiehlerTelephone: +49 162 3515 334E-Mail: asiehler@ Tobias VossbergTelephone: +49 173 457 3633tvossberg@ Sign in to access your portfolio
