EnergyWatch

Vestas makes comeback with best quarter in years

After five underperforming months, the turbine maker's quarterly end run has turned into the third-largest order intake ever for one quarter – with an only slightly embellished comparison.

Photo: vestas

For many years, one of Vestas' hallmarks has been its habit of releasing a deluge of orders up to the quarter close.

This made the first quarter of 2021 noteworthy, as a series of unusually small supply deals were announced that could do little to mask that the period was a real dud, with the most meager order intake in six and a half years. This was followed up by a equally weak spring in April and May.

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