Vestas analyst: Lackluster second quarter offset by approaching improvements
Although Vestas began a final sprint, winning several orders up to the end of the second quarter, the results are not exactly overwhelming, writes Sydbank’s Head of Equity Research.
BY MARKETWIRE
Despite a good final sprint and a large US order, the second quarter was not exactly overwhelming for Vestas’ order intake. Although the share is far from cheap, an improvement in earnings is just around the corner, writes Jacob Pedersen, Head of Equity Research at Danish Sydbank, in a commentary.
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