EnergyWatch

Record order intake triggers major upgrade at Vestas

The major order frenzy at the end of December 2017 triggered much stronger cash flows at Vestas than expected.

Photo: Frank Boutrup Schmidt/Vestas

Based on preliminary reporting, Vestas is upgrading its expectations for the 2017 free cash flow, excluding investments in marketable securities, to the range of EUR 1,150 million to EUR 1,250 million, compared to the previous expectation of EUR 450 million to 900 million.

The improvement is primarily driven by a strong order intake, Vestas writes in a press release.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Further reading

Related articles

Latest News

See all jobs