L R AS Published on Saturday 13 May 2023 - n° 445 - Categories:company results
Nextracker on the right track
InQ1 2023 (the 4th fiscal quarter), Nextracker reported revenues of $518 million (+18% year-on-year); ebitda reached $72.5 million (up from $22 million a year ago).
For the year ending 31 March 2023,
Sales reached $1.9 billion (including $1.2 billion in the United States), an increase of 31%, and ebitda reached $209 million, with a margin of 11%.
For the financial year ending 31 March 2024, turnover should reach 2.1 to 2.3 billion dollars (+10 to +20%). Ebitda will be between $265 million and $305 million (+27% to +45%).
The company has an order book of $2.6 billion, an increase of 90% in one year.
Photon of 11 May 2023
NDLR Nextracker significantly increases its turnover. The ebitda is growing faster. The order book covers more than one year of activity. The situation is good.
