FRANKFURT (dpa-AFX Broker) - Another major order convinced investors of Nordex shares on Thursday. Following a slide the previous day, which was attributed to profit-taking and only ended below the EUR 10 mark, the share price has now risen by two percent. A major order from Spain for turbines with a capacity of 106 megawatts was announced on Thursday.

The order follows on from a particularly large order from Sweden, which had only provided Nordex with an initial tailwind on Wednesday. Following a rise of 13 percent since the pre-Christmas low, profit-taking set in in the middle of the week. Nordex is to supply 18 wind turbines for wind farms near Mequinenza in the province of Zaragoza in spring 2025.

Analyst Leon Mühlenbruch from AlsterResearch emphasized the previous day after the Swedish order, which comprises 553 megawatt turbines, that Nordex was continuing a positive trend reversal from last year. A strong end to the year speaks for a sustainable and profitable growth path. He also emphasized the likely increase in sales prices./tih/mis

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