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Nordex sees 2024 core profit margin at the top end of guidance range



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Nov 7 (Reuters) -Wind turbine maker Nordex NDXG.DE on Thursday said it expected its full-year core profit margin to come at the top end of its earlier guidance range, helped by a strong third-quarter performance.

The company, which competes with GE GE.N and Siemens Energy ENR1n.DE in the market for onshore wind turbines, reported earnings before interest, tax, depreciation and amortisation (EBITDA) of 71.5 million euros ($76.8 million) for the quarter, up 33% from 48 million a year earlier.

($1 = 0.9308 euros)



Reporting by Anastasiia Kozlova; editing by Milla Nissi

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