Vestas announces preliminary full-year 2022 figures and financial outlook for 2023
Vestas Wind Systems A/S, Aarhus, 27 January 2023Company announcement no. 01/2023 The wind power industry’s challenging period continued in 2022 due to unexpected geo-political uncertainty, an accelerating energy crisis, and high inflation. In this environment, Vestas’ fourth quarter results were negatively impacted by additional challenges. The negative impact in the fourth quarter causes the full-year results to be lower than the outlook, primarily driven by a confined number of project delays, an impairment on our V174-9.5 MW turbine and increased warranty provisions. In 2022,