Vestas Annual Report 2022 – A challenging year with negative profitability
Vestas Wind Systems A/S, Aarhus, 8 February 2023Company announcement no. 02/2023 Vestas Annual Report 2022 – A challenging year with negative profitability Summary: Vestas’ 2022 revenue amounted to EUR 14,486m (outlook: EUR 14.5-15.5bn), with an EBIT margin before special items of (8) percent (outlook: approx. (5) percent), and total investments[1] of EUR 758m (outlook: approx. EUR 850m). The value of the combined order backlog increased to EUR 49.5bn across Power Solutions and Service. As announced on 27 January 2023, Vestas’ outlook for 2023 is as follows: Revenue is expected