Vestas Raises Profit Outlook as Wind Turbine Orders Surge


The Danish company said it expects a profit margin of between 7% and 9% for the full year, up from 6% and 8% previously. The upgrade marks further progress for Vestas, which has spent several years working to improve profitability after soaring costs and supply-chain disruptions in the wake of the coronavirus pandemic.



Source link

  • Related Posts

    Norway $2.3 Trillion Fund Posts Best Quarter Since 2020

    The first-half return was 9.4%, beating the fund’s benchmark index by 22 basis points. The first-half performance, driven by telecommunications, technology and energy, follows a 15.1% return in 2025. Tech…

    India’s small steelmakers could save money and cut emissions with switch to renewable power

    BENGALURU, India (AP) — Smaller steel companies responsible for nearly 40% of India’s crude steel production could cut their electricity bills by about a third while sharply reducing carbon emissions…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    11 Freshwater Pearl Earrings From Our Favorite Sustainable Brands

    11 Freshwater Pearl Earrings From Our Favorite Sustainable Brands

    Lake Kariba tragedy: At least 15 die as Zimbabwe boat sinks with dozens on board

    Lake Kariba tragedy: At least 15 die as Zimbabwe boat sinks with dozens on board

    Statement on European security and the OSCE’s 50th anniversary

    Statement on European security and the OSCE’s 50th anniversary

    Norway $2.3 Trillion Fund Posts Best Quarter Since 2020

    Ontarians paid millions in tire recycling fees. Now more than $30 million deemed 'surplus' will go to tire companies

    Ontarians paid millions in tire recycling fees. Now more than $30 million deemed 'surplus' will go to tire companies

    Today’s NYT Mini Crossword Answers for Wednesday, Aug. 12

    Today’s NYT Mini Crossword Answers for Wednesday, Aug. 12