Vestas reports stable prices but downgrades forecast

The price squeeze has stabilized, although at the same, low level seen in recent quarters, says Vestas. That, taken together with uncertainty regarding trade tariffs, has now prompted Vestas to downgrade its forecast for the whole year.

by SØREN SPRINGBORG

Vestas is seeing a price stabilization on the many wind turbines the manufacturer add to market. However, prices are at a lower level now than previously, and the trade war is causing more uncertainty.

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