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Vestas provides no precise expectations for 2012
Af Jens Nymark
08-02-2012
14:04
After two major downgradings and a billion kroner loss for 2011, CEO Ditlev Engel does not provide any precise expectations for 2012. The order target is gone and earnings may amount to zero.
Vestas has learnt its lesson the hard way. Two major downgradings resulted in the first loss for Vestas since 2005, and from now on the company is going to be more vague about the coming financial year.
“Based on, among other things, input from a number of the company’s large shareholders, Vestas has decided to reduce the number of outlook parameters it provides to the public,” Vestas wrote in the financial report.
Vestas has learnt its lesson the hard way. Two major downgradings resulted in the first loss for Vestas since 2005, and from now on the company is going to be more vague about the coming financial year.
“Based on, among other things, input from a number of the company’s large shareholders, Vestas has decided to reduce the number of outlook parameters it provides to the public,” Vestas wrote in the financial report.
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*****||*****Vestas provides no precise expectations for 2012 *****||*****After two major downgradings and a billion kroner loss for 2011, CEO Ditlev Engel does not provide any precise expectations for 2012. The order target is gone and earnings may amount to zero.*****||*****
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