Vestas is due to report its Q3 results on 7 November. We expect the company to deliver results in line with its full-year guidance, which means that Q4 will be crucial to not miss the outlook as this year is very back-end loaded. Although downside risks on execution and future tough comps in orders for the next 6-12 months may not be excluded, we remain positive on Vestas for the long run as it is still the best-in-class in the industry.
21 Oct 2019
Q3 preview: it'll all come down in the last quarter
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Q3 preview: it'll all come down in the last quarter
Vestas Wind Systems A/S (0NMK:LON) | 0 0 0.0% | Mkt Cap: 150,935m
- Published:
21 Oct 2019 -
Author:
Luis Pereira -
Pages:
3
Vestas is due to report its Q3 results on 7 November. We expect the company to deliver results in line with its full-year guidance, which means that Q4 will be crucial to not miss the outlook as this year is very back-end loaded. Although downside risks on execution and future tough comps in orders for the next 6-12 months may not be excluded, we remain positive on Vestas for the long run as it is still the best-in-class in the industry.