Nordex Orders Gain International Diversity, Berenberg Says
Nordex posted higher third-quarter sales as its order mix became more international. Shares gained 3% to 36.5 euros, according to Dow Jones Newswires.
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what happened
German wind-turbine maker Nordex reported higher third-quarter sales, while its order book became more diversified across international markets, Berenberg analyst Richard Dawson wrote, according to Dow Jones Newswires.
Germany is expected to remain an important source of sales, Dawson added, as onshore wind auctions totaling 72 gigawatts are expected there through 2032. Nordex shares rose 3% to 36.5 euros.
why it matters
The update highlights both Nordex’s broader international order base and the potential importance of Germany, where the expected auction pipeline could support future sales activity.
instruments
sources
- Nordex Orders Become More Internationally Diversified — Market Talk — Dow Jones Newswires, 12 October 2026 at 09:24 UTC
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