Germany's Nordex posts strong first-quarter earnings on wind power demand

Nordex reported stronger-than-expected Q1 2026 core earnings, with EBITDA of €131 million vs. analyst consensus of €112 million and €79.6 million a year earlier, citing continued demand in its core onshore wind markets. The result underscores resilience in European renewable equipment demand and should be supportive for German industrial and renewable-energy stocks, potentially providing a modest tailwind to the Germany 40 index. The upbeat print may lift sentiment for manufacturers exposed to wind-turbine orders, though the piece contains no guidance or broader macro updates.