In Q2 18, Vestas was able to report a stable operating performance despite still navigating through difficult markets. Revenues increased by 2% to €2.26bn compared to Q2 17. EBIT decreased by €20m to €259m in Q2 18, giving a margin of 11.5% compared to 12.6% in the same quarter last year. Nevertheless, the EBIT margin has recovered from the low level in Q1 18 of 7.4%. Order intake was up 43% to 3,807MW, fuelled by demand from 21 countries and led by the US, which shows the broa
15 Aug 2018
Stabilising the business in difficult markets
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Stabilising the business in difficult markets
Vestas Wind Systems A/S (0NMK:LON) | 0 0 0.0% | Mkt Cap: 150,935m
- Published:
15 Aug 2018 -
Author:
Heinz Steffen -
Pages:
3
In Q2 18, Vestas was able to report a stable operating performance despite still navigating through difficult markets. Revenues increased by 2% to €2.26bn compared to Q2 17. EBIT decreased by €20m to €259m in Q2 18, giving a margin of 11.5% compared to 12.6% in the same quarter last year. Nevertheless, the EBIT margin has recovered from the low level in Q1 18 of 7.4%. Order intake was up 43% to 3,807MW, fuelled by demand from 21 countries and led by the US, which shows the broa