Revenues increased 36.9% to €2.9bn and the operating result jumped 86.6% to €433m. The EBIT margin increased from 10.9% to 14.9%. Turbine revenues grew 40.8% to €2.59bn and service revenues 11.4% to €312m. EBIT of the turbine business jumped 81.7% to €438m and the service business 51.7% to €44m. The order intake rose 17.9% to 1,769MW. The average selling price of the order intake per MW remained very stable at around €0.88m compared to €0.89m in the sec
10 Nov 2016
Record performance in Q3 16
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Record performance in Q3 16
Vestas Wind Systems A/S (0NMK:LON) | 0 0 0.0% | Mkt Cap: 150,935m
- Published:
10 Nov 2016 -
Author:
Heinz Steffen -
Pages:
2
Revenues increased 36.9% to €2.9bn and the operating result jumped 86.6% to €433m. The EBIT margin increased from 10.9% to 14.9%. Turbine revenues grew 40.8% to €2.59bn and service revenues 11.4% to €312m. EBIT of the turbine business jumped 81.7% to €438m and the service business 51.7% to €44m. The order intake rose 17.9% to 1,769MW. The average selling price of the order intake per MW remained very stable at around €0.88m compared to €0.89m in the sec