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Vestas’ Engel Says 2015 Goal Was Too Ambitious, Borsen Reports

Vestas Wind Systems A/S (VWS)’s Chief Executive Officer Ditlev Engel said in an interview with Borsen that 2015 targets were “too ambitious,” and it’s up for debate whether the company should have abandoned them earlier.

Engel said in the interview with the Copenhagen-based newspaper that internal disagreements about strategy are close to being resolved. Vestas will conclude a review in April, as planned, Borsen quoted the executive as saying.

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