Jacob Pedersen News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Vestas (VWS.CO), opens new tab, the world's largest maker of wind turbines, reported on Thursday a surprise adjusted operating loss for the first quarter, hit by lower project deliveries, but stuck to its earnings guidance for the year. It reported an operating loss before special items of 68 million euros ($73 million) against a year-earlier profit of 40 million, on a 5% drop in sales. The mean forecast in a poll of analysts compiled by Vestas was for a 25 million euro profit.

Denmark's Orsted announced a new chief financial officer and head of operations on Tuesday as the world's largest offshore wind farm developer looks to bounce back from a string of losses and...

Read Danish renewables major Ørsted ‘must navigate significant risk after horror 2023’ – analyst and other wind energy news & analysis on Windpower Monthly

Turnaround for budget carrier not long ago threatened by debt and pandemic downturn

Orsted is expected to trim investment plans and cut dividends on Wednesday as it presents a new strategy but investors are…