Wind turbine manufacturer Vestas raises full year guidance
Aarhus, Denmark - In the third quarter of 2015, Vestas generated revenue of EUR 2,120m
The intake of firm and unconditional wind turbine orders amounted to 1,508 MW in the third quarter of 2015. The value of the wind turbine order backlog amounted to EUR 8.2bn at 30 September 2015. In addition to the wind turbine order backlog, Vestas had service agreements with contractual future revenue of EUR 8.2bn at the end of September 2015. Thus, the value of the combined backlog of wind turbine orders and service agreements stood at EUR 16.4bn
Source: IWR Online, 05 Nov 2015