Investor Presentaiton

Made public by

sourced by PitchSend

1 of 40

Creator

PitchSend logo
PitchSend

Category

Pending

Published

Unknown

Slides

Transcriptions

#1Nordex Group Nordex SE - Investor Factbook December 2022 - February 2023 NORDEX Jaco acciona Windpower#22 | Nordex SE - Investor Factbook > Classification: Public Experienced management team José Luis Blanco CEO Dr Ilya Hartmann CFO Patxi Landa CSO > CEO at Acciona Windpower > Various senior management & Chief Officer positions at Gamesa > CEO Division Europe at Nordex Group > Various management positions at Acciona Energy > Business development director and Executive Committee member at Acciona Windpower > Various Chief Officer positions at Acciona Nordex Investor Factbook Nov 2022 - February 2023 NORDEX acciona Windpower#33| Nordex SE - Investor Factbook Agenda > Classification: Public NORDEX 1 Company overview & business model 2 Products & markets 3 Financials 4 Nordex share 5 Sustainability Nordex Investor Factbook Nov 2022 - February 2023 GNC NORDEX acciona Windpower#44 | Company overview & business model Investment Case > Classification: Public Strategic drivers Global Global player with strong presence in all volume and growth markets for onshore wind energy Technology Competitive product portfolio will be developed further, ramp-up of production in India for global demand and company program Onshore Onshore wind energy is the key technology for the irrevocable transition to renewable energy Shareholder Strong anchor shareholder supports growth strategy Team Experienced management and outstanding team Nordex Investor Factbook Nov 2022 - February 2023 CN NORDEX acciona Windpower#55 | Company overview & business model > Classification: Public Nordex and Acciona Windpower created a global player in 2016 Market focus A strong fit benefitting from complementary approaches Nordex Europe AWP + Emerging markets Nordex Group Truly global Small & medium-sized Customer focus customers Product focus Technology focus Complex and land constrained projects Nordex Investor Factbook Nov 2022 - February 2023 Blades + + Large developers and IPPS Projects without land constraints + Concrete towers II II II II Broad customer base Different projects Complementary technologies Creating a stronger and more competitive company CN NORDEX acciona Windpower#66 | Company overview & business model Nordex - > Classification: Public a pioneer in wind with more than 35 years of experience Nordex is deeply rooted in Germany... ...and a global industry leader in the wind turbine market Global manufacturer of onshore wind energy systems with growing market share. Founded 1985, listed company in the German SDAX and TecDax. Track record of more than 41 GW in over 40 countries. Headquarters in Hamburg; subsidiaries for sales and service in all core markets. Production sites in Germany, Spain, Brazil, India, USA (mothballed) and Mexico. Revenues 2021: EUR 5.4bn. Main shareholder Acciona S.A. (41.0%). Innovative global manufacturer of onshore wind turbine systems. Top 2 industry leader Europe* Leading product in the 4 MW+ and 6 MW+ class: Leading-edge product portfolio Highly attractive and resilient Service business with more than: 29 GW under service More than 35 years of industry experience: At the forefront of the technological development Nordex has around 5,000 suppliers in Germany. Thereof many large industrial component suppliers; and numerous small local suppliers, such as small service, logistics and specialised construction companies, many of them depending on Nordex to a large extent. Nordex Investor Factbook Nov 2022 - February 2023 *Based on order in intake in MW in 2021. GN NORDEX acciona Windpower#77 | Company overview & business model > Classification: Public Where We Are - The Nordex Group's Production Footprint A TRULY GLOBAL SUPPLY CHAIN SET UP TO DELIVER, WITH THE LOWEST TOTAL LANDED COSTS, TO EVERY MAJOR MARKET (SIMPLIFIED PRESENTATION) Germany > Nacelle Mexico >Tower > Blade Spain > Nacelle > Blade >Tower Nordex Investor Factbook Nov 2022 - February 2023 Turkey > Blade Brazil > Nacelle › Blade >Tower South Africa >Tower India > Nacelle >Tower >Blade China >Smart Logistics (Nacelle Modules) 7 NORDEX acciona Windpower#88 | Company overview & business model > Classification: Public Where We Are - Track Record TOTAL COMMISSIONED: MORE THAN 42,500 MW WORLDWIDE (AT THE END OF Q3/2022) ARGENTINA CANADA USA 627 MW 203 MW 7,461 MW MEXICO 1,782 MW COSTA RICA 50 MW PERU 132 MW COLOMBIA 20 MW BRAZIL 2,458 MW URUGUAY CHILE 309 MW 569 MW SPAIN FRANCE 2,879 MW 3,014 MW GERMANY POLAND PORTUGAL ITALY CROATIA 447 MW 885 MW CZECH REPUBLIC ROMANIA GREECE UK 312 MW 302 MW 1,664 MW UKRAINE BULGARIA LUXEMBOURG 5,392 MW 718 MW 12 MW 100 MW 322 MW 8 MW NORWAY SWEDEN FINLAND DENMARK BELGIUM 641 MW 1,435 MW 986 MW 152 MW 199 MW NETHERLANDS 1,116 MW 23 MW IRELAND 1,014 MW AUSTRIA 5 MW ESTONIA LITHUANIA 18 MW 70 MW TÜRKIYE PAKISTAN INDIA CHINA JAPAN SOUTH KOREA AUSTRALIA EGYPT SOUTH AFRICA OTHERS (ROW) 3,471 MW 300 MW 378 MW 1,053 MW 73 MW 65 MW 371 MW 63 MW 1,103 MW 330 MW Nordex Investor Factbook Nov 2022 - February 2023 8 NORDEX acciona Windpower#99 Company overview & business model > Classification: Public Where We Are - Nordex Global Service Network WE PROVIDE A CLOSE-KNIT NETWORK ACROSS THE REGIONS, WITH MORE THAN 29 GW UNDER CONTRACT North America 3.6 GW LATAM 2.3 GW Nordex Investor Factbook Nov 2022 - February 2023 UK & Ireland 2.6 GW Mediterranean 4.5 GW Brazil Nordics East Europe 2.5 GW 0.9 GW Central 4.4 GW SAAPAC 2.4 GW 1.9 GW Turkey & Middle East 3.6 GW Q3 2022 NORDEX acciona Windpower#10> Classification: Public 10 | Company overview & business model Value chain - Nordex core business MORE THAN A MANUFACTURER. Project Development Wind Farm System Planning Project Development Selection of location > Ownership > Optimal siting > Wind measurements > Soil survey > Sound/shade emission > Economic viability > Grid connection > Special purpose registration > Environmental permitting > Building permitting Production and Technical Implementation Wind Farm Operations Turbine Civil Delivery Works Electrical Infrastructure Installation & Commissioning Services and Maintenance Service NORDEX Nordex Investor Factbook Nov 2022 - February 2023 NORDEX NORDEX acciona Windpower#1111 | Nordex SE - Investor Factbook Agenda > Classification: Public NORDEX 1 Company overview & business model 2 Products & markets 3 Financials 4 Nordex share 5 Sustainability Nordex Investor Factbook Nov 2022 - February 2023 GNC NORDEX acciona Windpower#1212 | Products & markets > Classification: Public What We Do - Our Product Portfolio BASED ON OUR EVOLUTIONARY PRODUCT DEVELOPMENT PHILOSOPHY AND THE FLEXIBLE DELTA4000 PLATFORM, WE OFFER HIGHLY EFFICIENT PRODUCTS FOR SITE REQUIREMENTS AROUND THE WORLD. PROVEN PLATFORMS AND COMPONENTS, HIGH-PERFORMANCE PRODUCTS 6MW+ (Delta4000) 5MW+ (Delta4000) 4MW+ (Delta4000) 3MW+ (Delta) | Standard design conditions Nordex Investor Factbook Nov 2022 - February 2023 Light Wind Medium Wind Strong Wind N175/6.X N163/6.X N163/5.X N155/5.X N149/5.X N155/4.X N149/4.X N131/3000-3900 N117/3000-3600 Solutions to serve customer needs around the globe Site dependent N133/4.8 17 NORDEX acciona Windpower#13> Classification: Public 13 | Products & markets Service portfolio: Nordex service makes the difference On-site Off-site Maintenance & Inspections > Maintenance > HSE inspections Monitoring & Technical Support > 24/7 Control Centre Support for technical issues < 188 Spare Parts Management > Worldwide supply of spare parts, 365 days a year Training > Uniform qualification of all service technicians worldwide ☑ Trouble Shooting & Repair > Onsite repair & troubleshooting > Exchange & overhaul of major components Digital and Data Analytics > Driving digital change, remote diagnostics & predictive maintenance. Upgrades & Modernizations > Products to enhance the performance of the installed fleet Nordex Investor Factbook Nov 2022 - February 2023 GNO NORDEX acciona Windpower#1414 | Nordex SE - Investor Factbook Agenda NORDEX Nordex Investor Factbook Nov 2022 - February 2023 > Classification: Public 1 Company overview & business model 2 Products & markets 3 Financials 4 Nordex share 5 Sustainability GNC NORDEX acciona Windpower#1515 | Financials Executive summary 9M/2022 > 9M/2022 RESULTS Sales EUR 3,873m > Classification: Public EBITDA margin -5.2% Working capital ratio -9.8% > Order intake remains healthy with 1.4 GW in Q3 with increasing ASP of EUR 0.91m/MW. Order intake for 9M/2022 stands at 4.4 GW (9M/2021: 4.6 GW). > Sales reached to almost EUR 3.9bn in 9M/2022 in line with sequentially increasing installations in Q3 but below previous year's level. > EBITDA margin at -5.2% in 9M/2022 reflects ongoing tough macro-economic environment with inflationary pressures, supply chain disruptions and resultant project delays. > Working Capital level consistent at -9.8%. > Pace of installations catching up in Q3, but still below expectations, leaving a heavy back-end loaded installations target for Q4/2022. > Guidance for FY 2022: Margin guidance tightened at around -4% in light of the current market conditions. > Mid-term outlook remains promising and target for EBITDA margin of 8% feasible to achieve assuming a sustainably stable macro economic environment. Nordex Investor Factbook Nov 2022 - February 2023 GNC NORDEX acciona Windpower#1616 | Financials Order intake 9M/2022 Order intake turbine* (in MW) -4% 4,610 4,424 > Classification: Public Order intake turbine* by regions (in MW in %) Europe North America Latin America ROW 62% 18% 20% 69% 5% 26% 9M/2022 9M/2021 9M/2022 > Order intake in 9M/2022: EUR 3,647m (EUR 3,219m in previous year period) thereof in Q3/2022: EUR 1,290m (EUR 1,257m in Q3/2021) > Strong increase in ASP** in Q3/2022 to EUR 0.91/MW compared to 0.79m/MW in Q2/2022 and EUR 0.69m/MW in previous year quarter Nordex Investor Factbook Nov 2022 - February 2023 *Group segment,,Projects". **Average Selling Price. 9M/2021 > Orders received from 19 different countries in 9M/2022 > Largest single markets in Q3/2022: Brazil, Germany, Finland, Poland and Spain CNC NORDEX acciona Windpower#1717 | Financials Service 9M/2022 > Classification: Public Development of service revenues (EUR m) and EBIT margin EBIT margin 16.9% 332 16.1% 20% 398 Comments > Service sales share accounts for around 10% of group sales in the first nine months 2022 > Service EBIT margin of 16.1% at prior-year level > 97.1% average availability of WTGS under service > Strong service order book of almost EUR 3.2bn at the end of Q3/2022 9M/2021 9M/2022 Share of fleet under contract (as % of installed base) under contract not under contract 30% Installed base: 42.5 GW 70% Nordex Investor Factbook Nov 2022 - February 2023 Thereof: 74% Nordex WTGs 26% AWP WTGS GNC NORDEX acciona Windpower#18> Classification: Public 18 | Financials Combined order book at a high level of EUR 9.7bn at the end of 9M/2022 Order book turbines (EUR m) 5,006 +30% 6,523 Order book service (EUR m) +8% 3,180 2,953 9M/2021 9M/2022 > Turbine order book of EUR 6.5bn at the end of 9M/2022 shows ongoing strong order intake momentum > Geographical footprint in 9M/2022: Europe (65%), Latin America (27%), Rest of World (5%) and North America (3%) 9M/2021 9M/2022 > 10,426 wind turbines under service contract corresponding to 29.8 GW at the end of 9M/2022 Nordex Investor Factbook Nov 2022 - February 2023 NO NORDEX acciona Windpower#1919 | Financials Income statement 9M/2022 > Classification: Public in EUR m (rounded figures) 9M/2022 9M/2021 abs. change Sales 3,873 3,956 -83 Total revenues Cost of materials 3,893 3,585 308 -3,453 -2,908 -545 Gross profit 439 677 -237 Personnel costs -425 -348 -77 Other operating (expenses)/income -214 -228 14 EBITDA -200 101 -301 Depreciation/amortization -131 -110 -21 EBIT -330 -10 -320 Net profit -372 -104 -268 Gross margin* 11.3% 17.1% EBITDA margin -5.2% 2.5% EBIT margin w/o PPA -8.4% -0.1% Nordex Investor Factbook Nov 2022 - February 2023 *Gross profit in relation to sales. Comments > As anticipated, sales improving to EUR 1,747m in Q3/2022 compared to EUR 1,193m in previous quarter on account of higher project activities and installations > EBITDA margin continues to be impacted by inflationary pressures and supply chain delays > PPA depreciation amounted to EUR 3.6m in 9M/2022 (EUR 7.5m in previous year period) GNC NORDEX acciona Windpower#2020 | Financials Balance sheet 9M/2022 > Classification: Public in EUR m 30.09.22 31.12.21 abs. change A in % Non-current assets Current assets 1,615 1,608 7 1.4 3,018 2,500 518 20.4 Total assets 4,632 4,108 525 12.8 Equity 971 1,062 -91 -8.6 Non-current liabilities 360 716 -356 -49.7 Current liabilities 3,302 2,330 972 41.7 Equity and total liabilities 4,632 4,108 525 12.8 Net debt/(net cash)* (292) (424) Working capital ratio** -9.8% -10.2% Equity ratio 21.0% 25.9% Comments > Healthy liquidity level of EUR 762m at the end of Q3/2022 including cash facility under MGF > Increase in current liabilities mainly driven by reclassification of the corporate bond in Q2/2022 Nordex Investor Factbook Nov 2022 February 2023 *Cash and cash equivalents less bank borrowings, bond and shareholder loan. **Based on last twelve months sales. CNC NORDEX acciona Windpower#21> Classification: Public 21 | Financials Working capital development 9M/2022 Working capital ratio (in % of sales)* -7.7 | FY guidance 2022 below -7% Working capital development (in EUR m)* 121 --5- -244 129 -9.8 -10.2 -10.8 -11.3 -526 Q3/ Q4/ Q1/ Q2/ Q3/ Q2/ 2021 2021 2022 2022 2022 2022 Receiva- bles Inven- Prepay- Pay- tories ments ables -525 Q3/ 2022 > Working capital ratio remains consistently under the guidance level for FY 2022 Nordex Investor Factbook Nov 2022 - February 2023 *Based on last twelve months sales. CNC NORDEX acciona Windpower#22> Classification: Public 22 | Financials Cash flow statement 9M/2022 in EUR m Cash flow from operating activities before net working capital 9M/2022 -326.3 9M/2021 2.3 Cash flow from changes in working capital -31.1 125.2 Cash flow from operating activities -357.5 127.5 Cash flow from investing activities -100.5 -104.3 Free cash flow -458.0 23.2 Cash flow from financing activities 341.5 73.0 Change in cash and cash equivalents* Nordex Investor Factbook Nov 2022 - February 2023 *Including FX effects. -116.4 96.2 Comments > Cash flow from operating activities mainly determined by lower margin development in 9M/2022 > Cash flow from investing activities in line with expected investment activities > Cash flow from financing activities includes cash inflows from capital increase NO NORDEX acciona Windpower#2323 | Financials Total investments 9M/2022 CAPEX (in EUR m) Property, plant, equipment Intangible assets 112.2 11.1% 124.6 105.6 92.4 19.8 9M/2021 Nordex Investor Factbook Nov 2022 - February 2023 19.0 > Classification: Public Comments > Investments in 9M/2022 mainly comprises: • Investments in blade production facilities and moulds in India and Spain Investments in installation and transport tooling and equipment for projects > Intangible assets at comparable level compared with previous year period 9M/2022 GNC NORDEX acciona Windpower#2424 | Financials Capital structure 9M/2022 (Net debt) / Net cash¹) > Classification: Public Equity ratio (in %) 40 600 35 516.0 500 423.8 30 28.5 400 25.9 314.6 292.4 271.2 300 25 20.5 21.0 200 20 17.9 100 15 0 -100 10 Q3/ 2021 Q4/ 2021 Q1/ Q2/ Q3/ Q3/ 2022 2022 2022 2021 Q4/ 2021 Q1/ Q2/ Q3/ 2022 2022 2022 > Healthy net cash levels after the rights issue > Includes high yield bond of EUR 275m, which will be repaid by a deeply subordinated shareholder loan early next year > Equity ratio improved in Q3 as expected on account of the proceeds from the rights issue Nordex Investor Factbook Nov 2022 - February 2023 1) Bank borrowings, bond, employee bond and shareholder loan less cash and cash equivalents. CNC NORDEX acciona Windpower#25> Classification: Public 25 | Financials Operational performance in 9M/2022 Installations (MW) 2021 2022 1.453 867 Impacted due to cyber security incident 1.524 997 Production 9M/21: 9M/22: 4858 MW 3603 MW Turbine assembly (MW) Total blade production (#) In-house outsourced +2% +8% 1.881 4,807 4,894 1.738 3,357 3,120 879 1,242 2,478 1,878 Q1 Q2 Q3 > Total installations of 791 WTGS in 17 countries in 9M/2022 (9M/2021: 1,216 WTGs) > Geographical split (MW) in 9M/2022: 74% Europe, 14% Latin America and 12% North America > Increasing risks from year-end installation delays, which were initially caused after the cyber security incident Nordex Investor Factbook Nov 2022 - February 2023 9M/2021 9M/2022 9M/2021 9M/2022 > Output turbines amounts to 1,003 units in 9M/2022: 525 GER, 238 IND, 123 BRA, 115 ESP and 2 CHN > In-house blade production of 879 units in 9M/2022: 567 IND, 216 GER, 87 ESP and 9 MEX > Outsourced blade production of 2,478 units in 9M/2022 GN NORDEX acciona Windpower#26> Classification: Public 26 | Financials Demand scenario improving while near term risks remain Improving long term prospects Germany "Easter package" > renewable energy target of 80% in total electricity consumption by 2030 > Increase of annual auction volume to 12.48 GW in 2023 and 10 GW p.a. for 2025-2028 "Summer package" › Amendments beyond renewable energy law > Aim is to ease permitting to ensure 2% land mass availability for wind onshore USA While, near term challenges to be addressed BOOD Supply chain reliability > Effects of cost inflation still coming through in some components with a lag even as shipping rates and commodities start to cool off > Struggling smaller suppliers remain a key risk for supply reliability and price increases > Component delays, shipping delays leading to project delays and LD discussions in some projects Installations Climate bill > 700bn USD economic package approved > investment tax credit (ITC) and production tax credit (PTC) restored for 10 years > Domestic content to boost ITC up to 50% > Heavy installations catch up plan for Q4 - Increasing risk of spill over into 2023 > Effects of cyber security incident in the first half not fully unwound Improving quality of the order intake with the stronger demand backdrop to support mid term EBITDA target of 8% Nordex Investor Factbook Nov 2022 - February 2023 N NORDEX acciona Windpower#27> Classification: Public 27 | Financials Guidance updated for FY 2022 Sales: EBITDA margin: 2022 guidance All inclusive Updated 2022 guidance All inclusive* EUR 5.2 - 5.7bn EUR 5.2 5.7bn (4)% -0% Around (4)% Working capital ratio: below (7%) below (7%) CAPEX: approx. EUR 180m approx. EUR 180m Please note the assumptions underlying the guidance are subject to greater uncertainties than normal *For clarity, Nordex guidance includes all exceptional and one-off effects including reconfiguration costs, any profits from project development operations, costs from cyber security incident and so on. Nordex Investor Factbook Nov 2022 - February 2023 GN NORDEX acciona Windpower#28> Classification: Public 28 | Financials Who we are - key figures in recent years Significant Growth in 2021 - Earnings impacted by the Coronavirus pandemic (in EUR million) Sales 2017 2018 2019 2020 2021 3,077.8 2,459.1 3,284.6 4,650.7 5,444.0 EBITDA 200.7 101.7 123.8 94.0 52.7 EBIT 43.4 -54.2 -19.6 -61.8 -107.3 Free Cash Flow -54.7 44.0 -126.0 -120.4 -24.5 Equity Ratio 33% 23% 18.6% 17.5% 25.9% Employees (YE) 5,260 5,676 6,880 8,347 8,658 Order Intake 2,216.1 3,637.3 4,415.0 4,217.2 5,680.8 Nordex Investor Factbook Nov 2022 - February 2023 GNO NORDEX acciona Windpower#2929 | Nordex SE - Investor Factbook Agenda NORDEX Nordex Investor Factbook Nov 2022 - February 2023 > Classification: Public 1 Company overview & business model 2 Products & markets 3 Financials 4 Nordex share 5 Sustainability GNC NORDEX acciona Windpower#30> Classification: Public 30 | Nordex share Stable shareholder structure and strong market coverage Shareholder structure Freefloat✶ 59% Acciona S.A. 41% Key figures:** > Number of shares: > Share price: > Market capitalization: 211,946,227 EUR 11.78 EUR 2.5bn Nordex Investor Factbook Nov 2022 - February 2023 *Freefloat as defined by Deutsche Börse. **As of 29 November 2022. *** Nordex own consensus as of 17 November 2022. Analyst coverage 5 Hold Reduce 1 5 Buy Consensus of 11 analysts FY 2022:*** > Share price: > 0 2022 Revenues (e): > Ø 2022 EBITDA margin (e): EUR 12.40 EUR 5.4bn -3.9% GN NORDEX acciona Windpower#31> Classification: Public 31 | Nordex share Nordex share price development (January 2022 - November 2022) Nordex SE (XETRA) - SDAX Volume Quotes increased Quotes decreased % 129.1 119.2 109.2 99.3 NORDEX Facciona 89.4 Windpower 79.4 ww 69.5 59.6 49.7 39.7 Feb 2022 Mar 2022 Apr 2022 May 2022 Jun 2022 Jul 2022 Aug 2022 Sep 2022 > Nordex included in the indices TecDAX and SDAX of Deutsche Boerse Group. Nordex Investor Factbook Nov 2022 - February 2023 202 Oct 2022 Nov 2022 Shares 5.90M 3.93M 1.97M 0 GN NORDEX acciona Windpower#3232 | Nordex SE - Investor Factbook Agenda > Classification: Public NORDEX 1 Company overview & business model 2 Products & markets 3 Financials 4 Nordex share 5 Sustainability Nordex Investor Factbook Nov 2022 - February 2023 GNC NORDEX acciona Windpower#3333 | Sustainability > Classification: Public Sustainability strategy 2022 - 2025 Together for change - Wind for a sustainable future We avoid and reduce GHG emis- sions in all areas of our business and minimize our impact on the environment. Environment Products Providing a sustainable product is the backbone of our business model. Governance We ensure ethical business conduct and compliance with regulations in all our processes as well as in our supply chain. Nordex Investor Factbook Nov 2022 - February 2023 Social Main targets: We provide fair and attractive working conditions and a progressive company culture. We ensure occu- pational health and safety. T > Provide fully recyclable blades by 2032 > Decrease carbon footprint of all turbines by 25%, by 2025 > Define Science-based targets in line with the 1.5°C target ambition, in 2022 > < > Achieve climate neutrality by 2023 (Scope 1+2) and continuously improve climate impact Reduce accidents to a lost time injury frequency of <1.5, by 2025 Achieve a minimum of 25% female representation in management positions, by 2025 > Promote responsible and ethical business conduct internally and with our business partners > Engage with and positively impact the supply chain CNC NORDEX acciona Windpower#34> Classification: Public 34 | Sustainability EU Taxonomy and ESG-Rating Scores EU Taxonomy Eligibility Nordex contributes to objectives climate change mitigation and climate change adaptation with two main EU Taxonomy activities: > 3.1 Manufacture of renewable energy technologies > 7.6 Installation, maintenance and repair of renewable energy technologies Corporate ESG Performance RATED BY ISS ESG▷ FY 2021 Total (in EUR m) Proportion of Taxonomy-eligible economic activities (in %) Turnover 5,444 99.99 CapEx 221 94.86 OpEx 75 92.40 ESG-Rating Scores Scale Nordex Group Prime A+ (best) to D- B Prime¹) CDP DISCLOSURE INSIGHT ACTION A (best) B- to D MSCI ESG RATINGS CCC B BB BBB AA AAA SUSTAINALYTICS a Morningstar company RATED AAA (best) to CCC Risk Rating 0 (best) to 100 A 24.8/100 Medium - GOLD 2021 ecovadis 1-100 Sustainability Rating (best) 66/100 Gold Nordex Investor Factbook Nov 2022 - February 2023 1) Awarded to companies with an ESG performance above the sector-specific Prime threshold, which means that they fulfil ambitious absolute performance requirements. NO NORDEX acciona Windpower#3535 | Nordex SE - Investor Factbook Financial calendar 2023* 2023 Event > Classification: Public 28 March 11 May 6 June Publication of Annual Report 2022 Analyst Press conference Interim Statement Q1/2023 Annual General Meeting 14 August Interim Report H1/2023 14 November Interim Statement Q3/2023 Nordex Investor Factbook Nov 2022 - February 2023 *Subject to change. NORDEX acciona Windpower#36> Classification: Public 36 | Nordex SE - Investor Factbook Disclaimer > This presentation was produced in November 2022 by Nordex SE solely for use as a source of general information regarding the economic circumstances and status of Nordex SE. It does not constitute an offer for the sale of securities or an invitation to buy or otherwise acquire securities in the Federal Republic of Germany or any other jurisdiction. In particular it is not intended to be an offer, an investment recommendation or a solicitation of an offer to anyone in the U.S., Canada, Japan and Australia or any other jurisdiction. This presentation is confidential. Any reproduction or distribution of this presentation, in whole or in part, without Nordex SE's prior written consent is expressly prohibited. > This presentation contains certain forward-looking statements relating to the business, financial performance and results of Nordex SE and/or the industry in which Nordex SE operates, these statements are generally identified by using phrases such "aim", "anticipate", "believe", "estimate", "expect", "forecast", "guidance", "intend", "objective", "plan", "predict", "project", and "will be" and similar expressions. Although we believe the expectations reflected in such forward-looking statements are based upon reliable assumptions, they are prepared as up-to-date and are subject to revision in the future. We undertake no responsibility to update any forward-looking statement. There is no assurance that our expectations will be attained or that any deviations may not be material. No representation or warranty can be given that the estimates, opinions or assumptions made in, or referenced by, this presentation will prove to be accurate. Nordex Investor Factbook Nov 2022 - February 2023 CNC NORDEX acciona Windpower#3737\ Contact details Nordex Investor Factbook Nov 2022 - February 2023 > Classification: Public IF YOU HAVE ANY QUESTIONS PLEASE CONTACT THE INVESTOR RELATIONS TEAM: NORDEX Felix Zander Phone: +49 152 0902 40 29 Email: [email protected] Tobias Vossberg Phone: +49 173 4573 633 Email: [email protected] Nordex SE Langenhorner Chaussee 600 22419 Hamburg / Germany www.nordex-online.com CNC NORDEX acciona Windpower

Download to PowerPoint

Download presentation as an editable powerpoint.

Related

Q4 & FY22 - Investor Presentation image

Q4 & FY22 - Investor Presentation

Financial Services

FY23 Results - Investor Presentation image

FY23 Results - Investor Presentation

Financial Services

Ferocious - Plant Growth Optimizer image

Ferocious - Plant Growth Optimizer

Agriculture

Market Outlook and Operational Insights image

Market Outlook and Operational Insights

Metals and Mining

2023 Investor Presentation image

2023 Investor Presentation

Financial

Leveraging EdTech Across 3 Verticals image

Leveraging EdTech Across 3 Verticals

Technology

Axis 2.0 Digital Banking image

Axis 2.0 Digital Banking

Sustainability & Digital Solutions

Capital One’s acquisition of Discover image

Capital One’s acquisition of Discover

Mergers and Acquisitions