International Companies

Vestas Wind Systems shares tumble on Q3 profit miss

By Josh White

Date: Tuesday 05 Nov 2024

(Sharecast News) - Shares in Vestas Wind Systems were tumbling on Tuesday, after it reported third-quarter revenue of €5.2bn, up 18.9% increase year-on-year, with a core operating profit of €235m, far short of the expected €352m.
The Danish wind turbine giant said its margin of 4.5% was still a significant improvement...

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