Report
Anis Zgaya ...
  • Louis Boujard, CFA

NORDEX SE : Patience is the mother of all virtues

>A reassuring message on prices but cautious on demand - Yesterday, we organised an in-person road show in Paris with the head of IR at Nordex. The group’s message appeared reassuring on price increases but a shade more cautious on the logistics context and demand in the short term. Despite the decline in transport costs and the price of steel vs the peaks observed several months ago, the group continues to face problem of additional costs, availability and delays to ...
Underlying
NORDEX SE

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Anis Zgaya

Louis Boujard, CFA

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