Analyst: India won't impact Vestas like Siemens Gamesa
The standstill on the Indian market will not impact Vestas as hard as its rival Siemens Gamesa, the current market leader. Vestas does not have much of a presence on the market.
BY RITZAU FINANS
Tuesday, wind turbine manufacturer Siemens Gamesa published a report for the third quarter where revenue fell by EUR 3.15 billion to EUR 2.69 billion. However this has not prompted concerns about Vestas' upcoming report, says Jacob Pedersen, chief share analyst at Sydbank.
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
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Media: Vestas and Siemens battle for Egyptian orders
For subscribers
Siemens, GE and Vestas agreements at a standstill in Egypt
For subscribers
Vestas' former CEO passes away
For subscribers
.jpg&w=384&q=75){kind=logo}
