euro adhoc: Nordex AG / Earnings Forecast / Nordex aiming to double margins in 2007

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19.12.2006

Outlook for 2007: Sales to increase to approx. EUR 750 million, EBIT
margin of 6%

Hamburg, December 19, 2006. The Nordex Group (ISIN: DE000A0D6554) has
released its guidance for fiscal 2007 in greater detail. Next year,
the wind turbine producer plans to roughly double its EBIT margin to
6 percent. For 2006, it is seeking a margin of at least 3 percent. At
the same time, sales in 2007 are to climb by roughly 50 percent to
more than EUR 750 million (2006e: more than EUR 500 million) thanks
to the sharp rise in international demand for the Company’s
multi-megawatt turbines. Between January and November 2006, Nordex
received new orders worth roughly EUR 700 million. In addition, it
has been able to sign contracts to secure numerous projects. At the
same time, the share of foreign business has widened to 85 percent.

Next year, sales and earnings are to be increased step by step. Thus,
a business volume of around EUR 230 million is budgeted for the third
quarter. Thereafter, the Group will scale back output to prepare its
production facilities for the sales volume of EUR 1 billion planned
for 2008.

Nordex’s international expansion plans will be initially
concentrating on Europe excluding Germany. Sales potential here is
sufficient to ensure annual growth of up to 60 percent in the medium
term. In addition, Nordex has set itself the goal of achieving
double-digit margin growth in all core regions. It will be reaching
this goal in Europe for the first time next year. In the long term,
it also wants to generate significant business volumes in Asia and
North America. For this purpose, Nordex has constructed two new
factories in China this year.

Information for analysts and press: During the international
conference call scheduled for 3.00 p.m. (CET) this afternoon, the
Management Board will be providing details of the Company’s outlook
for 2007. The telephone number is available at the company.

end of announcement euro adhoc 19.12.2006 08:10:05
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ots Originaltext: Nordex AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Felix Losada
Tel.: +49 (0)40 50098 100
flosada@nordex-online.com

Branche: Alternative energy
ISIN: DE000A0D6554
WKN: A0D655
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade