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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Senior Renewable Energy Analyst (WindGEMINI Product Lead) DNV GL Bristol (City Centre), City of Bristol