Vestas is prepared for a tough 2013
Summary: 2012 was a challenging year for the wind power industry and for Vestas. Revenue amounted to EUR 7.2bn, EBIT before special items was EUR 4m and free cash flow amounted to EUR (359)m. A total of EUR 701m was recognised as special items primarily driven by write-downs. For 2013, Vestas expects shipments of 4-5 GW, revenue to amount to at least EUR 5.5bn with an EBIT margin before special items of at least 1 per cent and a positive free cash flow.
Press and analyst meeting in Aarhus, Denmark
In connection with the disclosure of this annual report, an information meeting will be held today, Wednesday, 6 February 2013 at 10 a.m. CET (9 a.m. GMT) for analysts, investors and the media at:
Vestas Wind Systems A/S
8200 Aarhus N
For more information on: Vestas