Vestas' golden unit sets new record

The profit margin in the OEM's service division was more than 3.5 times higher than last year's turbine business unit. The party shows no signs of stopping, Vestas says.
Photo: vestas
Photo: vestas

Last year, Vestas welcomed service director Christian Venderby onto the executive team. The promotion made sound sense when looking at how much of the turbine maker's business – and especially result – comes from the part of the company that takes over as soon as the wind turbines are assembled and delivered.

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Recent years have mauled global turbine industry, and German Nordex also notes growing deficits. | Foto: Nordex

Nordex deficit doubles in 2022

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