The coffers at Vestas continue to fill. Despite the ongoing share buyback program worth EUR 400 million, wind turbine manufacturers grew net liquidity by EUR 33 million in the third quarter of this year, totaling a staggering EUR 2,116 million.
With a good deal of goodwill, the development could also shine through in the quarterly report. Besides the upgrade on revenue for the full year, the profit margin, and free cash flow, the expected investment budget has also shot upward. The wind turbine manufacturer now expects to make investments totaling EUR 600 million, up from EUR 500 million.