Vestas top on dip in the curve: Profitability is highest priority

At the annual general meeting, turbine maker Vestas had to account for a slump in last year’s finances and the ongoing row of pulling the plug on Russian projects.

Wind turbine maker Vestas held its annual general meeting late Wednesday afternoon. | Photo: vestas

BY JESPER OLESEN, TRANSLATED BY SIMON ØST VEJBÆK

Vestas needs to rapidly become a profitable business once again, the company board pledges to shareholders after a year of crippling deficits and ongoing challenges regarding Russian activities.

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