Nordex stock went into this earnings day under pressure, down about 14% over the past month and about 18% over the past quarter, with investors clearly braced for disappointment. Instead, the company delivered a clean headline that goes straight to profitability. Second quarter 2026 revenue reached €2.18b with net profit of €111.5m and an EBITDA margin a touch above 10%, which is high for onshore wind equipment. The real story is margin repair, not just revenue size, and that is what will test whether the recent share price slump was justified or emotional.

Love Nordex’s move back to double digit EBITDA margins, but worried about how durable that profitability really is in a tough capital goods sector? Compare this setup to a…