DGAP-News

Nordex with continued double-digit growth and significant increase in consolidated net profit - Seite 2

February 2014 which included a larger credit facility on more favourable
terms.

In addition, Nordex was able to further reinforce its balance sheet
substantially in 2014, with net liquidity rising by 65.5 percent to EUR
232.2 million (2013: EUR 140.3 million). The equity ratio widened to 31.9
percent (2013: 30.9 percent). This was achieved by means of strict cash
management and a further improvement in the working capital ratio to minus
2.3 percent (2013: 2.2 percent). This had a positive effect on cash flow,
with net cash inflow from operating activities increasing by 63 percent to
EUR 160.3 million and the free cash flow increasing to EUR 88.7 million
(2013: EUR 23.8 million).

At EUR 1,754 million in 2014, order intake exceeded expectations slightly
and was up 16.7 percent on the previous year (2013: EUR 1,503 million).
With the book-to-bill ratio consistently positive, order backlog continued
to rise to EUR 1,462 million as of the reporting date (2013: EUR 1,259
million).

"Our order book forms a good basis for a continued positive development in
the current year. At the moment, there is very strong momentum in our
market in general and for the Nordex Group in particular. We will now be
consider in greater detail the extent to which we want to make use of the
growth options available to us," said Dr. Jürgen Zeschky, CEO of Nordex SE.
Nordex will release its final annual financial statements as well as
guidance for the current year at its annual press conference in
Frankfurt/Main on 23 March 2015.

For more information, please contact:
Nordex SE
Ralf Peters
Telephone + 49 40 300 30 - 1000
[e-mail]



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Language: English
Company: Nordex SE
Erich-Schlesinger-Straße 50
18059 Rostock
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.nordex-online.com
ISIN: DE000A0D6554
WKN: A0D655
Indices: TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart


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