Latest Issue
 
Windtech International November December 2024 issue

 

FOLLOW US AT

follow

 

follow


Vestas generated first half-year revenue of € 2,461 million; an increase of 31 per cent on the first half of 2010. EBIT amounted to € 8 million, against a loss of € 219 million in the first half of 2010. The EBIT margin thus rose to 0.3 per cent from (11.6) per cent. The free cash flow improved significantly to € (494) million from € (1,058) million in the first half of 2010.

The half-year intake of firm and unconditional orders was 2,895MW, and the backlog of firm and unconditional orders amounted to € 8.0 billion at 30 June 2011. Firm and unconditional orders covering almost all the expected revenue of € 7 billion for 2011 have already been secured, which is why the outlook for revenue, EBIT margin and the free cash flow is maintained at € 7 billion, 7 per cent and a minimum of € 0, respectively. In spite of the macro-economic and financial uncertainty, Vestas still expects an intake of firm and unconditional orders of 7,000-8,000MW in a market that remains fiercely competitive.
 
Use of cookies

Windtech International wants to make your visit to our website as pleasant as possible. That is why we place cookies on your computer that remember your preferences. With anonymous information about your site use you also help us to improve the website. Of course we will ask for your permission first. Click Accept to use all functions of the Windtech International website.