Vestas charms investors despite deficit

Google Translate

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.

Have you registered with us yet?

Register now to enjoy more articles
and free email bulletins.

Sign up now
Already registered?
Sign in