Vestas Loss Wider on Bigger Provision for Faulty Turbines
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Vestas Wind Systems A/S, the biggest wind-turbine maker, fell to a nine-year low in Copenhagen trading after saying the first-quarter loss almost doubled and it expects to spend more to repair faults in 376 machines.
The shares declined 5.6 percent to 48.15 kroner in Copenhagen trading, the lowest close since May 2003. They earlier sank as much as 13 percent, the most since Feb. 8.