Q3 key highlights: Strong order intake of 3.3GW Revenues increased +2.5% to €2.8bn (in line with consensus) EBIT decreased (-33%) to €236m (15% below consensus) EBIT margin declined to €8.4% (Q2: 11.5%, Q1: 7.4%) FCF was in negative territory (-€380m) Net income was €178m (below consensus)
07 Nov 2018
Remained the best performer in the industry while its margins declined
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Remained the best performer in the industry while its margins declined
Vestas Wind Systems A/S (0NMK:LON) | 0 0 0.0% | Mkt Cap: 150,935m
- Published:
07 Nov 2018 -
Author:
Luis Pereira -
Pages:
3
Q3 key highlights: Strong order intake of 3.3GW Revenues increased +2.5% to €2.8bn (in line with consensus) EBIT decreased (-33%) to €236m (15% below consensus) EBIT margin declined to €8.4% (Q2: 11.5%, Q1: 7.4%) FCF was in negative territory (-€380m) Net income was €178m (below consensus)