On Tuesday, Vestas presented their financial statement for the third quarter, and many key figures were moving in the right direction. Both revenue and profit increased significantly.
However, one figure heading in the wrong direction is the wind turbine manufacturer's warranty costs. They amounted to 313 million euros (2.3 billion DKK) compared to 262 million euros (2.0 billion DKK) in the third quarter of 2023. The 313 million corresponds to 6.0 percent of the revenue.
BREAKING