Wind turbine manufacturer Vestas posted a profit on the bottom line in the first quarter — a period that is traditionally the smallest of the year for the company and last year brought a significant loss.
Analysts had also expected a loss this year of €42 million for Q1, but Vestas delivered a positive surprise with a modest profit of €5 million.
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Vestas CEO: We’re on the right track
- We’re keeping our eyes on the ball, says Vestas CEO Henrik Andersen following the wind giant’s quarterly earnings report. Photo: Ida Marie Odgaard/Ritzau Scanpix
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