Meager orders incite concern for Vestas prospects

Has the year been too slow for Vestas or can the company still turn things around? This question could trigger movement for the Vestas share.


So far, this has been a slow quarter at Denmark's Vestas in terms of order intake, even though the wind turbine manufacturer added megawatts to the books this Tuesday with the announcement of new contracts in Greece and Argentina.

This is fueling continued debate as to how 2017 will develop for Vestas, writes Alm. Brand Markets in a note.

Already a subscriber? Log in.

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.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Ørsted aims to be number one on carbon capture

The utility hopes to win the Danish carbon capture and storage tender with a plan to capture 400,000 tonnes of CO2 by 2025 from the company’s biomass-fired combined heat and power stations.

Nordex downgrades forecast

The German turbine manufacturer has had a rougher start to 2022 so far than expected, prompting the company to downgrade guidance by EUR 200m at minimum.

Further reading

Related articles

Latest News

See all jobs