Nordex SE — Earnings Release 2015

Sep 10, 2015

News Details

Corporate | 10 September 2015 08:49

Nordex SE: Nordex shifts into higher gear / New business increases to more than 260 megawatts in July/August in Germany

DGAP-News: Nordex SE / Key word(s): Incoming Orders

2015-09-10 / 08:49

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Hamburg, 10 September. Nordex has made a successful start to the second
half of the year. In July and August the company obtained orders in Germany
for 102 turbines with a capacity totalling more than 260 megawatts. The
bestseller at 65 units was the light-wind N117/2400 turbine.

Apart from the established products in the Gamma series, with 27 turbines
sold the Delta machines also attracted the interest of customers. As one
example of this, GEO mbH, a project developer, asked Nordex to supply eight
N100/3000 for the Brunsbüttel wind farm in Schleswig-Holstein. At the site
the strong-wind turbine from the Delta series is the ideal model from
Nordex's product portfolio for this site.

When it comes to the distribution of Nordex turbines among the federal
states, it is Baden-Württemberg, where Nordex sales have increased
significantly, that stands out. Following last year's slump, when the
entire sector installed fewer than ten turbines there, this year Nordex has
obtained orders for four projects with altogether 25 turbines, meaning that
the company has increased its sales in Baden-Württemberg by a multiple of
seven at one fell swoop. In August Nordex wrapped up the largest of these
projects, the "Ochsenberg" wind farm with a total of 14 N117/2400 turbines.
"Ochsenberg" is being developed by Denker & Wulf AG, a wind farm developer,
who will operate the turbines together with Blauwald GmbH & Co KG, a branch
of the Merckle GmbH Group.

Apart from delivery and installation of the turbines, all orders also
include at least 15 years of service on the basis of a Premium service
contract. With its newly opened service offices in Leipzig and Würzburg and
a further six new service points, the manufacturer is now even closer to
the market for service work on the wind farms and is therefore able to meet
the requirements of its customers rapidly and flexibly.

Siegbert Pump, Head of Sales in Germany, also takes a positive view of
future developments: "The upsurge after the summer break can give us
further impetus in the coming months as the German government is standing
by its plans for expanding the use of onshore wind." The Federal Ministry
for Economics and Energy plans a net annual increase of 2,500 megawatts.

Nordex - a profile
As a technological leader among suppliers of megawatt turbines, Nordex
benefits particularly from the global trend towards large wind turbines.
The Generation Gamma product range comprises the N90/2500, N100/2500 and
the N117/2400, which is one of the most efficient inland series turbines.
To date more than 4,000 turbines from this platform have been produced.
With Generation Delta Nordex is now offering the fourth turbine generation
of the proven multi-megawatt platform (N100/3300, N117/3000, N131/3000).
Overall, the company, which this year celebrates its 30th anniversary, has
installed more than 6,000 turbines with a capacity of more than 10,000
megawatts around the world With exports accounting for around 70 percent of
its business, Nordex SE also has a strong position in international
high-growth regions. The company has offices and subsidiaries in 22
countries around the world. In total, the Group employs about 3,000 people
worldwide.

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Language: English
Company: Nordex SE
Erich-Schlesinger-Straße 50
18059 Rostock
Germany
Phone: +49 381 6663 3300
Fax: +49 381 6663 3339
E-mail: info@nordex-online.com
Internet: www.nordex-online.com
ISIN: DE000A0D6554
WKN: A0D655
Indices: TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart

End of News DGAP News Service

393601 2015-09-10