Nordex Signals Confidence in No-Surprises Update -- Market Talk

Dow Jones
2025/11/04

0808 GMT - Nordex signaled confidence in being able to continue its recent positive trajectory in terms of order intake in a set of third-quarter results that otherwise delivered few surprises, RBC Capital Markets' Colin Moody says in a research note. The German wind-turbine maker reported preliminary third-quarter results and raised its outlook last week, so its full results provided no major surprises, the analyst says. Average pricing on delivered turbines was low, likely reflecting disruption in Turkey due to delays at a supplier factory, RBC says. Attention is likely to shift to Nordex executives' comments on market momentum, particularly in Germany, and the company's presentations points to confidence on order trends, RBC says. Shares fall 3.3%.(adria.calatayud@wsj.com)

 

(END) Dow Jones Newswires

November 04, 2025 03:09 ET (08:09 GMT)

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