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Thursday, January 9, 2025

Vestas annouces Q3 outcomes | windfair


Wind Business Profile of


Abstract: Quarterly income of EUR 4.4bn with an EBIT margin earlier than particular gadgets of 1.6 %. Order consumption of 4.5 GW and record-high mixed order backlog of EUR 54.0bn. Full-year steering narrowed.

Within the third quarter of 2023, Vestas generated income of EUR 4,353m – a rise of 11.2 % in comparison with the year-earlier interval. EBIT earlier than particular gadgets amounted to EUR 70m, leading to an EBIT margin earlier than particular gadgets of 1.6 %, in comparison with (3.2) % within the third quarter of 2022.

Free money flow1) amounted to EUR (251)m in comparison with EUR (752)m within the third quarter of 2022.

The quarterly consumption of agency and unconditional wind turbine orders amounted to 4,502 MW, a 138 % improve from third quarter 2022. The worth of…

Extra: Official Press Launch Vestas

Key phrases:
Vestasm, outlook, EBIT margin, steering, Q3, interim monetary report, quarter, wind turbine, order, consumption, pipeline



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