Based on a strong fourth quarter 2007, Vestas revises the expectations for the 2007 result.
Compared to 2006, revenue is expected to increase by € 1 billion to approx € 4.85 billion. At the same time, EBIT margin is expected to increase from 5.2 per cent to approximately 9 per cent. Significant pre-payments from customers reduced the net working capital in the last quarter of the year to approximately minus 1 per cent of annual revenue. Cash flow is expected to increase by approximately 100 million to approximately € 700 million for all 2007. The expectations for 2008 are maintained as informed in the quarterly report for third quarter 2007 on 6 November 2007. Vestas' annual report for 2007 will be published on Wednesday, 27 February 2008 at 8.30 CET.
