EANS-Adhoc: Nordex SE / Nordex expecting increased order intake and steady sales in 2011

--------------------------------------------------------------------------------
ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------

28.02.2011

Adhoc bulletin

Nordex expecting increased order intake and steady sales in 2011

• Business volumes at the one billion euro mark again in 2010 thanks
to a strong fourth quarter • Improvement in EBIT margin to 4.0%
(3.5%). • 14% increase in order intake to EUR 836 million • CEO
Richterich: "New business will continue to rise in 2011, with sales
expected to remain at the previous year´s level"

Hamburg, February 28, 2011. According to its preliminary figures, the
Nordex Group (ISIN: DE000A0D6554) achieved its targets for 2010.
Total revenues came to EUR 1,008 million (2009: EUR 1,144 million)
particularly thanks to the strong fourth quarter. At EUR 972 million
(2009: EUR 1,183 million), sales were slightly lower. The positive
trend was particularly remarkable in the final quarter, with sales
rising to EUR 358 million during that period.

At EUR 40 million, consolidated operating earnings remained at the
previous year´s level. Accordingly, the EBIT margin widened to 4.0%
(2009: 3.5%). Spurred by the high business volumes, Nordex generated
a large part of its earnings in the final quarter (EUR 22.6 million;
Q4/2009: EUR 18.1 million). Cash flow from operating activities rose
to EUR 20.3 million in 2010 (2009: EUR 9.6 million). Net liquidity
contracted to EUR 24.3 million (2009: EUR 59.6 million) chiefly as a
result of capital spending of EUR 72 million (2009: EUR 51.1
million).

New business rose by 14% in 2010 to EUR 836 million (2009: EUR 737
million), with order intake in the fourth quarter alone contributing
EUR 306 million to this favorable trend. Individual US contracts were
postponed until 2011 as the cash grant for wind farm projects was
unexpectedly extended by a year on December 17, 2010.

Turning to 2011, Nordex expects new business to remain consistently
strong. All told, it forecasts a 20 percent increase in order intake
in 2011, equivalent to new orders worth around EUR 1 billion, in
tandem with steady sales. In order to safeguard its earnings quality,
Nordex launched a comprehensive cost-cutting program and enhanced the
efficiency of its products in 2011. Says CEO Richterich: "In this
way, we are able to very largely shield ourselves from the price
pressure currently prevailing in the market."

end of announcement euro adhoc
--------------------------------------------------------------------------------

ots Originaltext: Nordex SE
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Ansprechpartner für Rückfragen:
Nordex SE
Ralf Peters
Telefon: 040 / 300 30 - 1000, Telefax: - 1333

Branche: Alternative energy
ISIN: DE000A0D6554
WKN: A0D655
Index: TecDAX, CDAX, HDAX, Prime All Share, Technology All Share,
ÖkoDAX
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade