Breeze Falters for Wind Turbine Maker

When increased competition depressed Vestas Wind Systems' market share, investors balked. Still, the forecast looks fair for the Danish company
Mark Scott

Chalk one up to the rising power of renewable energy. On Feb. 27, Denmark's Vestas Wind Systems (VWS.CO)—the world's largest wind turbine manufacturer—posted a 120% rise in its annual operating profit, to $664 million, on the back of strong demand from Europe, the U.S., and China.

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