Sydbank expects Vestas to end the quarter with strong orders

The third quarter tends to be rich in orders for the Danish wind turbine manufacturer, which could impact the share in the coming week, says Sydbank.
Photo: Xcel Energy
Photo: Xcel Energy
BY RITZAU FINANS

Vestas could close Q3 with a strong order intake, says Sydbank's chief share analyst Jacob Pedersen, who says the expectation that Vestas could show a strong order intake in the last few days of September is a possible explanation for why Vestas' share price increased on the stock exchange Friday afternoon.

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