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Vestas charms investors despite deficit
1 April 2006
Wind industry leader Vestas found itself tossed on turbulent waters last month. Its main gearbox supplier was bought by rival company Suzlon Energy and it had to come clean about a massive loss for 2005. But news of a 52% growth in revenues and promises of a healthy profit margin for 2006 were enough to secure a capital increase and a sharp rise in share price.
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