Nordex Q1 surge signals wind energy strength. German turbine maker Nordex delivered impressive first quarter results with sales climbing 10.6% year-over-year to 1.59 billion euros. More notably, EBITDA surged 64.3% to 130.7 million euros, demonstrating significant operational leverage. The company's EBITDA margin expanded to 8.2% from 5.5% in the prior year period, reflecting improved efficiency and pricing power. The order book reached 17 billion euros, up from 13.5 billion euros previously, indicating robust demand for renewable energy infrastructure. This performance underscores the strengthening tailwinds in the global wind energy sector as countries accelerate their transition to clean power sources.
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