Vestas generated an increase of 6 per cent in revenue in the third quarter compared with the same period in 2025. Firm and unconditional wind turbine order intake totalled 3,377 MW, a decrease of 27 per cent compared with the third quarter of 2025. Order intake was supported by activity in Europe, the Middle East and Africa (EMEA) and Asia-Pacific, with higher average selling prices.
Vestas generated revenue of €5.7 billion in the third quarter of 2026 and EBIT before special items rose to €483 million, corresponding to a margin of 8.5 per cent, compared with 7.8 per cent a year earlier.
The Power Solutions order backlog stood at €35.9 billion at the end of September. In addition, Vestas had service agreements with expected future contractual revenue of €42 billion. The combined Power Solutions and Service backlog therefore reached €77.9 billion, an increase of €9.7 billion compared with the same period last year.
Vestas has narrowed its full-year 2026 outlook. Revenue is now expected to be between €20.5 billion and €21.5 billion, compared with the previous range of €20 billion to €22 billion. The expected EBIT margin before special items has been adjusted to 7.5–8.5 per cent, from 7–9 per cent. Total investments are now forecast at approximately €1 billion, down from the previous estimate of €1.2 billion.
