Vestas – Interim financial report, first quarter 2020
Vestas Wind Systems A/S, Aarhus, 5 May 2020Company announcement No. 13/2020 Vestas – Interim financial report, first quarter 2020 Summary: Revenue increased compared to same quarter 2019. Increased order intake and combined order backlog at all-time high level. Uncertainty around the full impact from COVID-19 prevails – suspension of full-year guidance maintained. In the first quarter of 2020, Vestas generated revenue of EUR 2,235m – an increase of 29 percent compared to the year-earlier period. EBIT before special items decreased by EUR 97m to EUR (54)m. This resulted in an