NORDEX SE : Feedback from the 13th ODDO BHF GERMAN CONFERENCE
>New Elements - After the acquisition of Acciona Windpower in 2016, Nordex is now in a position to take advantage of its more global presence and new products (N149/4.0-4.5 and AW 140) to gain market share and improve margins. Nordex’s new products, the N149/4.0-4.5 and AW 140/3000, are 30% more efficient than the old products, enabling it to significantly reduce its LCOE (Levelized Cost of Energy), a key factor in the market today, which is characterised by strong...Nordex is a holding company. Co. is a supplier of multimegawatt onshore wind turbines for locations characterised by strong, medium and light wind conditions. Co. focuses on developing and producing the entire system including the control software as well as the main core components and on providing related services. This mainly refers to the sale of wind power systems and, in selected markets, the upstream wind farm project development and sale of turnkey solutions. In addition, Co. assembles wind turbines and provides the necessary after-sales service. Co.'s finance department also supports customers to raise project finance via national and international commercial banks.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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