Nordex Se (NRDXF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thanks, Moritz, and also a very warm welcome from the Nordics team in Hamburg. Thank you for joining the Q4 2025 and full year results management 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, Dr. Elia 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, Thank you very much for the introduction, Anja. As said, on behalf of the Management Board, a very warm welcome to all of you joining us today for the Q4 full year 2025 results. Results that conclude transformational period and a transformational year for Nordics. 2025 has been a landmark year. We delivered and exceeded our medium-term margin target ahead of schedule, generated positive free cash flow, achieved record order intake, and strengthened our balance sheet. This very much sets the tone for the years ahead of us Let's now walk you through what drove this performance and how it prepared Nordisk for the next phase of profitable growth. Let's start with a short recap of how we were able to deliver as promised or on the upper end of the promise. Over the past three years, we have made consistent progress in strengthening the business and our profitability. 2025 is the year in which Nordisk demonstrated that the operational and financial improvements we have been working on over the past three years are now full translating into our numbers. We deliver robust growth across all major KPIs, increased profitability substantially, generated a strong free cash flow and strengthened our financial foundation. Combined, these achievements set a strong tone for our longer-term strategic ambitions. Moving on, 2025 was a milestone year...