Nordex Se (NRDXF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, welcome to the Nordex SA Q2 2025 results conference call. I am Matilde, the chorus call operator. I would like to remind you that all participants will be in listen-only mode and the conference is being recorded. The presentation will be followed by a Q&A session. You can register for questions at any time by pressing star and 1 on your telephone. For operator assistance, please press star and 0. The conference must not be recorded for publication or broadcast. At this time, it's my pleasure to hand over to Anja Wieler, Head of Investor Relations. Please go ahead. Thanks, Mathilde, and also a very warm welcome from the Nordics team in Hamburg. Thank you for joining the Q2 2025 Nordics conference call. As always, we ask you to take notice of our safe harbor statements. With me are our CEO, Jose Luis Blanco, and our CFO, Ilja Hartmann, who will lead you through the presentation. Afterwards, we will open the floor for your questions. And now I would like to hand over to our CEO, Jose Luis. Please go ahead. Thank you very much for the introduction, Anja. On behalf of the entire board, I would like to welcome you to our second quarter resource of 2025. Starting with the recap of the three months from April to June 25. As the title of this slide suggests, we are staying the course. And that course is one of a steady but consistent progress. Overall, the second quarter progress as planned, delivering improved margins and another positive free cash flow. In detail, the second quarter, we have seen a strong momentum in our market, resulting in a combined order book of more than 14 billion euros. We recorded a turbine order intake of 2.3 gigawatts in the second quarter, up 82%, which translates to an 83% year-on-year increase in euro value. Profitability ...