Vestas decided to upgrade its 2016 guidance on revenuefrom minimum 9.0 billion euros to a new guidance of minimum 9.5 billion euros.
The company’s operating result (ebit) margin beforespecial items is upgraded from minimum 11.0
Vestas sees huge 2016 cash flow
Danish wind turbine producer Vestas Wind Systems said its first-half performance was better than expected and that the outlook is good for the rest of the year. The company now sees a free cash flow of 800 million euros for the full year 2016.
