EnergyWatch

Vestas upgrades faith in the future

Operating margins ahead to 2020 will be around the same level as during recent golden years, announces Vestas, which expects to handle price pressure better than its competitors.

Photo: Frank Boutrup Schmidt/Vestas

Being best in the class is not always enough.

At a time where expectations are high from disciplinary shareholders, Vestas is promising that the profit will continue to be high in coming years. The wind turbine manufacturer has therefore readjusted its financial target from an EBIT margin that is simply "best-in-class" to a minimum of 10 percent, shows the company's corporate statement accompanying the 2017 report.

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