Vestas - Interim financial report, first quarter 2018
Vestas Wind Systems A/S, Aarhus, 4 May 2018Company announcement No. 23/2018 Vestas - Interim financial report, first quarter 2018 Summary: Revenue, earnings, and free cash flow decreased compared to last year’s very strong first quarter. Solid order intake and combined order backlog at high level. Guidance for 2018 maintained. In the first quarter of 2018, Vestas generated revenue of EUR 1,694m – a decrease of 10 percent compared to the year-earlier period. EBIT decreased by EUR 85m to EUR 126m. The EBIT margin was 7.4 percent compared to 11.2 percent in the first quarter of