Vestas Wind Systems AS

VWS: XCSE (DNK)
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Vestas Earnings: EBIT Margin Surpasses Expectations; Shares Appear Cheap

Vestas reported operating profit before special items of EUR 759 million at a 12.4% margin during the fourth quarter, comfortably surpassing company-compiled consensus of EUR 672 million and reaching its highest quarterly EBIT margin since 2017. Shares are trading 5% higher intraday.

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