Vestas – Interim Financial Report, First Quarter 2024
Vestas Wind Systems A/S, Aarhus, 2 May 2024Company Announcement no. 07/2024 Summary: Quarterly revenue of EUR 2.7bn with an EBIT margin before special items of (2.5) percent. Order intake of 2.3 GW and record-high combined order backlog of EUR 61.0bn. Full-year guidance maintained. In the first quarter of 2024, Vestas generated revenue of EUR 2,681m – a decrease of 5.2 percent compared to the year-earlier period. EBIT before special items amounted to EUR (68)m, resulting in an EBIT margin before special items of (2.5) percent. The underlying EBIT margin increased with 1.5 percentage