Vestas has green figures on the bottom line in the second quarter. CEO Henrik Andersen highlights momentum for orders in Europe, the Middle East, and Africa. (Archive photo). Photo: Jonathan Nackstrand/Ritzau Scanpix
Vestas turns deficit into profit in Q2
Vestas reported a revenue of 3.75 billion euros in the second quarter, a 13.6% increase from the previous year. Despite improvements, the figures fell short of analyst expectations, which predicted a revenue of 3.95 billion euros and earnings after tax of 51 million euros. Vestas earned 34...
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