Vestas – Interim Financial Report, Third Quarter 2023
Vestas Wind Systems A/S, Aarhus, 8 November 2023Company Announcement no. 17/2023 Summary: Quarterly revenue of EUR 4.4bn with an EBIT margin before special items of 1.6 percent. Order intake of 4.5 GW and record-high combined order backlog of EUR 54.0bn. Full-year guidance narrowed. In the third quarter of 2023, Vestas generated revenue of EUR 4,353m – an increase of 11.2 percent compared to the year-earlier period. EBIT before special items amounted to EUR 70m, resulting in an EBIT margin before special items of 1.6 percent, compared to (3.2) percent in the third quarter of 2022.