- Category: Company News
In the second quarter of 2024, Vestas generated revenue of EUR 3,296 million – a decrease of 3.9 percent compared to the same period in the previous year. Earnings before interest and taxes (EBIT) before special items amounted to EUR (185) million, resulting in an EBIT margin before special items of (5.6) percent, as adjustments to planned costs impact current profitability in Vestas’ service segment.
- Category: Company News
- Category: Company News
Vestas narrows its financial outlook for 2024, adjusting revenue expectations to € 16.5 billion-17.5 billion (from € 16 billion-18 billion) and the earnings before interest and tax margin before special items to 4-5 percent (from 4-6 percent). This adjustment is due to increased planned costs in the Service segment.
- Category: Company News
Associated British Ports (ABP), a UK port operator, and FibreMax, a provider of Synthetic Tendon Solutions for industrial and energy sector applications, have announced the signing of a Memorandum of Understanding (MoU).
- Category: Company News
- Category: Company News
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