Vestas Wind Profit Beats Estimate as Orders Surge to Record

  • EBIT margin widens after cost-cutting effort started in 2011
  • CEO says Vestas is preparing for a `busy' year of deliveries

Vestas CEO Expects 2016 to be a `Busy Year'

Vestas Wind Systems A/S’s profit fell less than expected in the first quarter as its orders for wind turbines surged and margins widened, shaking off a slump in revenue that Chief Executive Officer Anders Runevad had warned about.

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