Consensus estimates as at 18 November2025
| Financials (mEUR) | Average | High | Low | # est. | Average | High | Low | # est. | Average | High | Low | # est. | Average | High | Low | # est. | ||||
| Q4 2025 | Q4 2025 | Q4 2025 | Q4 2025 | 2025 | 2025 | 2025 | 2025 | 2026 | 2026 | 2026 | 2026 | 2027 | 2027 | 2027 | 2027 | |||||
| Total Revenue | 6,425 | 7,086 | 5,908 | 21 | 18,977 | 19,638 | 18,460 | 21 | 20,892 | 22,043 | 19,533 | 21 | 22,221 | 25,589 | 19,663 | 21 | ||||
| Revenue, Onshore (Power solutions) | 4,535 | 4,960 | 4,066 | 21 | 12,951 | 13,376 | 12,482 | 21 | 13,685 | 14,504 | 12,417 | 21 | 14,162 | 17,762 | 10,926 | 21 | ||||
| Revenue, Offshore (Power solutions) | 864 | 1,211 | 604 | 21 | 2,232 | 2,579 | 1,972 | 21 | 3,220 | 4,140 | 2,867 | 21 | 3,824 | 4,958 | 3,000 | 21 | ||||
| Revenue, Service | 1,026 | 1,299 | 903 | 21 | 3,794 | 4,067 | 3,671 | 21 | 3,987 | 4,473 | 3,706 | 21 | 4,235 | 4,921 | 3,933 | 21 | ||||
| Gross profit | 1,010 | 1,300 | 861 | 19 | 2,558 | 2,848 | 2,409 | 19 | 3,049 | 3,421 | 2,616 | 19 | 3,434 | 4,210 | 2,578 | 19 | ||||
| EBITDA before special items | 878 | 968 | 752 | 21 | 2,108 | 2,198 | 1,982 | 21 | 2,579 | 2,878 | 2,119 | 21 | 2,914 | 3,626 | 1,999 | 21 | ||||
| EBIT before special items | 583 | 656 | 503 | 21 | 1,070 | 1,143 | 990 | 21 | 1,481 | 1,739 | 1,015 | 21 | 1,799 | 2,318 | 966 | 21 | ||||
| EBIT, Power Solutions | 537 | 613 | 404 | 21 | 825 | 901 | 692 | 21 | 1,177 | 1,444 | 822 | 21 | 1,417 | 2,004 | 746 | 21 | ||||
| EBIT, Service | 147 | 168 | 139 | 21 | 629 | 650 | 621 | 21 | 703 | 828 | 588 | 21 | 791 | 1,033 | 615 | 21 | ||||
| Not allocated | (101) | (52) | (133) | 21 | (384) | (335) | (416) | 21 | (398) | (339) | (451) | 21 | (409) | (341) | (509) | 21 | ||||
| Special items | (1) | 2 | (4) | 21 | 3 | 6 | 0 | 21 | (0) | 0 | (8) | 21 | (0) | 0 | (8) | 21 | ||||
| EBIT after special items | 582 | 658 | 503 | 21 | 1,073 | 1,149 | 994 | 21 | 1,481 | 1,739 | 1,015 | 21 | 1,799 | 2,318 | 966 | 21 | ||||
| Income from JV and associates | (2) | 6 | (25) | 21 | 3 | 10 | (20) | 21 | 4 | 22 | (20) | 21 | 6 | 40 | (20) | 21 | ||||
| Net financials | (30) | (2) | (82) | 21 | (68) | (40) | (120) | 21 | (75) | (25) | (120) | 21 | (67) | (18) | (116) | 21 | ||||
| Profit before tax | 550 | 641 | 452 | 21 | 1,008 | 1,099 | 910 | 21 | 1,410 | 1,681 | 943 | 21 | 1,738 | 2,226 | 886 | 21 | ||||
| Income tax | (134) | (98) | (173) | 21 | (249) | (213) | (288) | 21 | (347) | (236) | (420) | 21 | (425) | (221) | (556) | 21 | ||||
| Net profit | 415 | 485 | 339 | 21 | 758 | 828 | 682 | 21 | 1,062 | 1,294 | 707 | 21 | 1,313 | 1,669 | 664 | 21 | ||||
| Free Cash Flow | 821 | 1,658 | 239 | 20 | 970 | 1,667 | (341) | 21 | 1,240 | 2,125 | (622) | 21 | ||||||||
| Dividend per share | 0.2 | 0.3 | 0.0 | 21 | 0.2 | 0.4 | 0.0 | 21 | 0.3 | 0.5 | 0.0 | 21 | ||||||||
| Adj. earnings per share | 0.8 | 0.8 | 0.7 | 21 | 1.1 | 1.3 | 0.7 | 21 | 1.3 | 1.7 | 0.7 | 21 | ||||||||
| Order intake (MW) | 5,549 | 7,486 | 4,363 | 20 | 15,299 | 17,236 | 14,113 | 20 | 17,379 | 20,500 | 13,647 | 19 | 18,447 | 22,500 | 15,311 | 19 | ||||
| Onshore order intake (MW) | 4,618 | 5,939 | 3,733 | 20 | 12,853 | 14,174 | 11,968 | 20 | 13,897 | 16,669 | 9,703 | 19 | 14,420 | 18,191 | 10,510 | 19 | ||||
| Offshore order intake (MW) | 931 | 2,485 | 0 | 20 | 2,446 | 4,000 | 1,515 | 20 | 3,482 | 4,500 | 2,000 | 19 | 4,026 | 6,000 | 2,905 | 19 | ||||
| Order intake (mEUR) | 5,617 | 7,267 | 4,520 | 18 | 16,348 | 18,016 | 15,302 | 18 | 18,297 | 21,918 | 14,854 | 19 | 19,384 | 24,024 | 15,694 | 19 | ||||
| Onshore order intake (mEUR) | 4,822 | 5,864 | 3,733 | 12 | 13,316 | 14,528 | 12,394 | 16 | 14,072 | 17,502 | 9,801 | 17 | 14,544 | 19,101 | 10,615 | 17 | ||||
| Offshore order intake (mEUR) | 842 | 2,162 | 0 | 12 | 3,010 | 4,200 | 2,027 | 16 | 4,279 | 5,521 | 2,500 | 17 | 5,014 | 7,001 | 3,626 | 17 | ||||
| Deliveries (MW) | 5,060 | 6,402 | 4,560 | 21 | 14,674 | 16,016 | 14,174 | 21 | 16,023 | 17,526 | 14,800 | 21 | 17,107 | 20,045 | 14,230 | 21 | ||||
| Onshore deliveries (MW) | 4,399 | 5,753 | 3,877 | 21 | 12,886 | 14,240 | 12,364 | 21 | 13,475 | 15,185 | 12,240 | 21 | 14,073 | 17,175 | 10,817 | 21 | ||||
| Offshore deliveries (MW) | 662 | 973 | 433 | 21 | 1,789 | 2,100 | 1,560 | 21 | 2,548 | 3,000 | 2,340 | 21 | 3,033 | 3,966 | 2,254 | 21 |
Analyst consensus collected with cut-off date 18 November 2025, post disclosure of the Q3 2025 report