Strong start to the year for Vestas

Vestas received orders of two gigawatts in the first three months of the year, while both revenue and earnings were a little bit better than expected. We have a lot of work ahead of us, says the CEO.
Photo: Vestas
Photo: Vestas

Vestas has exceeded expectations once again. In the first three months of the year, the wind turbine manufacturer booked revenue of EUR 1,885 million with a EUR 214 million result before tax and EUR 160 million after tax. All three are higher than what analysts had predicted, and significantly above what was delivered in the same period last year.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    On June 1, Senvion's former CFO Manav Sharma started as US country manager for Nordex. Soon he will have a new factory at his disposal. | Foto: Senvion

    Nordex restarts production in the US

    For subscribers

    Further reading