Against the background of the geopolitical problems, the wind turbine manufacturer Nordex only expects black numbers this year in the best case. Instead of a profit margin (Ebitda margin) of 1 to 3.5 percent, the Management Board now expects minus 4 to 0 percent, the company listed on the sdaX surprisingly announced on Tuesday evening. At 5.2 billion to 5.7 billion euros, sales will be slightly lower than previously assumed.
The forecast already takes into account direct and indirect effects from the war in Ukraine as well as supply chain problems in China. The additional costs and consequences after a hacker attack, which resulted in the postponement of the report to the first quarter, are already included.
Investors reacted with disappointment. On the Tradegate trading platform, Nordex shares slipped by 4.4 percent in an initial reaction.