Consensus estimates as at 30 April 2025

Financials (mEUR)	Average	High	Low	# est.	Average	High	Low	# est.	Average	High	Low	# est.	Average	High	Low	# est.
	Q1 2025	Q1 2025	Q1 2025	Q2 2024	2025	2025	2025	2024	2026	2026	2026	6	2027	2027	2027	2026
Total Revenue	3,013	3,345	2,747	24	19,070	19,955	18,468	24	21,041	22,808	18,863	24	22,808	28,799	18,163	23
Revenue, Onshore (Power solutions)	1,842	2,176	1,650	23	13,002	13,885	11,950	24	13,707	15,628	11,466	24	14,335	18,045	10,159	23
Revenue, Offshore (Power solutions)	231	493	113	23	2,148	2,760	1,237	24	3,167	3,742	2,215	24	4,056	5,963	2,511	23
Revenue, Service	936	1,013	893	23	3,921	4,294	3,676	24	4,167	4,669	3,870	24	4,417	4,874	3,920	23

Gross profit	359	946	169	18	2,608	3,515	2,325	20	3,129	4,130	2,510	20	3,526	4,749	2,843	20

EBITDA before special items	203	340	(9)	16	2,214	2,456	2,086	21	2,680	3,067	2,373	21	3,040	3,790	2,612	20

EBIT before special items	(29)	73	(161)	24	1,100	1,285	688	24	1,530	1,878	864	24	1,855	2,704	842	23
EBIT, Power Solutions	(98)	4	(225)	23	790	952	481	24	1,160	1,579	640	24	1,432	2,115	610	22
EBIT, Service	166	181	145	23	699	773	601	24	771	853	619	24	850	1,023	627	22
Not allocated	(95)	(83)	(128)	23	(389)	(337)	(420)	24	(401)	(290)	(461)	24	(413)	(291)	(496)	22

Special items	0	0	0	23	0	0	0	24	0	0	0	24	0	0	0	23
EBIT after special items	(29)	73	(161)	23	1,100	1,285	688	24	1,530	1,878	864	24	1,855	2,704	842	23

Income from JV and associates	0	8	(5)	21	2	30	(20)	22	6	30	(20)	22	8	40	(20)	21
Net financials	(25)	(6)	(39)	22	(99)	(25)	(155)	23	(93)	(25)	(150)	23	(74)	0	(148)	22
Profit before tax	(52)	40	(167)	22	1,021	1,196	857	23	1,471	1,779	1,129	23	1,835	2,683	1,417	22

Income tax	11	40	(24)	22	(255)	(207)	(341)	23	(366)	(282)	(466)	23	(451)	(340)	(671)	22
Net profit	(42)	31	(127)	23	753	916	453	24	1,083	1,388	575	24	1,348	2,012	549	23

Free Cash Flow					445	1,502	(1,702)	24	1,006	1,914	(737)	24	1,264	2,015	(284)	23
Dividend per share					0,2	0,3	0,0	23	0,2	0,4	0,0	23	0,3	0,6	0,0	22
Adj. earnings per share					0,7	0,9	0,5	24	1,1	1,4	0,6	24	1,3	2,0	0,5	23

Order intake (MW)	3,157	3,930	2,899	16	16,974	19,036	15,005	19	18,156	21,091	16,248	19	19,133	21,799	17,282	16
Onshore order intake (MW)	1,643	2,415	1,384	16	13,167	15,036	11,549	20	14,243	16,676	12,126	20	15,052	18,199	12,733	18
Offshore order intake (MW)	1,514	1,515	1,500	16	3,778	5,333	2,298	19	3,847	5,333	2,598	19	4,123	5,867	2,500	16

Order intake (mEUR)	3,571	4,510	3,063	14	17,844	20,236	13,216	17	18,963	22,401	14,244	17	19,757	22,858	14,243	15
Onshore order intake (mEUR)	1,627	2,012	1,341	12	13,535	15,417	11,671	17	14,541	16,762	12,298	17	15,258	18,292	12,864	16
Offshore order intake (mEUR)	1,909	2,250	1,667	12	4,566	5,989	2,703	16	4,630	6,099	2,994	16	4,841	6,626	3,000	14

Deliveries (MW)	1,988	2,300	1,731	18	14,432	15,527	13,546	24	16,011	17,707	14,004	23	17,506	22,794	13,415	23
Onshore deliveries (MW)	1,807	2,109	1,614	18	12,704	13,627	11,721	24	13,472	15,257	11,466	23	14,207	18,144	10,159	23
Offshore deliveries (MW)	181	400	81	18	1,729	2,100	1,000	24	2,539	3,302	1,790	23	3,299	4,650	2,050	23

Analyst consensus collected with cut-off date April 30, 2025, pre disclosure of the Q1 2025 report.