Vestas Wind Systems Q1 Loss Narrows, Orders Down; Maintains

Vestas Wind Systems Q1 Loss Narrows, Orders Down; Maintains FY21 View


Vestas Wind Systems Q1 Loss Narrows, Orders Down; Maintains FY21 View
COPENHAGEN (dpa-AFX) - Danish wind turbines manufacturer Vestas Wind Systems A/S (VWDRY.PK) reported Wednesday that its first-quarter loss narrowed to 57 million euros from last year's loss of 80 million euros.
Operating profit or EBIT was negative 71 million euros, narrower than prior year's negative 112 million euros.
Operating profit before amortisation, depreciation and impairment or EBITDA, however, climbed to 136 million euros from 87 million euros a year ago. EBITDA margin was 6.9 percent, up from 3.9 percent a year ago.
Vestas generated revenue of 1.96 billion euros, a decrease of 12 percent from 2.24 billion euros last year, due to lower activity levels and impact from supply chain constraints.

Related Keywords

Denmark , Copenhagen , Køavn , Danish , Henrik Andersen , , Vestas Wind Systems , Vestas , Wind , Systems , Boss , Arrows , Borders , Gown , Aintains , Y21 , View , டென்மார்க் , கோபெந்ஹேகந் , டேனிஷ் , ஹென்றிக் ஆண்டர்சன் , வெஸ்டாஸ் காற்று அமைப்புகள் , வெஸ்டாஸ் , இந்த் , ஆஸ் , அம்புகள் , ஓந் ,

© 2025 Vimarsana