Nordex stock slips 3.18% to EUR 40.20 premarket
Published on 11/11/2026 at 07:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBusiness News Meets Premarket Weakness
- Nordex agreed to acquire Dutch tower-connection specialist C1 Connections, adding patented onshore technology and engineering expertise.
- Third-quarter EBITDA more than doubled to EUR 278.2 million, while full-year 2026 EBITDA margin guidance rose to 11.5 to 12.5 percent.
- Sales guidance remained unchanged in the latest company coverage.
Nordex stock traded at EUR 40.20 on Lang & Schwarz at 07:55 CET on Wednesday, November 11, 2026, 3.18 percent below the Xetra close of Tuesday, November 10, at EUR 41.52.
Company Adds Tower Technology
Nordex said it agreed to acquire C1 Connections, a Dutch engineering company specializing in tower connection technology. The transaction adds the patented C1 Wedge Connection technology, related intellectual property and a specialist structural-engineering team to the group. Financial terms were not disclosed, according to an EQS News release.
Higher Margin Outlook Holds
Nordex reported that third-quarter sales rose 28.2 percent year on year to EUR 2.2 billion. EBITDA more than doubled to EUR 278.2 million, lifting the margin to 12.7 percent from 8.0 percent a year earlier. Net income reached EUR 147.1 million, compared with EUR 51.7 million in the prior-year quarter. The company raised its full-year 2026 EBITDA margin guidance to 11.5 to 12.5 percent from 8.0 to 11.0 percent, while sales guidance stayed unchanged, according to the Nordex results release.
The German market backdrop is covered by the DAX.
