New price on a Vestas turbine declined 13 percent in six months

One can realistically expect the competition level in the wind turbine market to last, says Vestas' CFO. Earnings will be optimized via technology and presence.
Photo: Frank Boutrup Schmidt/Vestas
Photo: Frank Boutrup Schmidt/Vestas

Competition on the global wind turbine market is rapidly increasing, seems to be the conclusion drawn by Vestas' second quarter report, where earnings and results were well below expectations.

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