Vestas will disclose the final annual report for 2016 on February 8, 2017.
Based on preliminary reporting, Vestas has upgraded its expectations for the company’s free cash flow for 2016.
Previously, the company predicted a minimum of EUR 1,000 million. This is now expected to increase to EUR 1,500 to 1,600m.
According to Vestas, the improvement is primarily driven by a strong order intake. The report also includes the acquisition of Availon Holding GmbH and excludes investments in marketable securities.
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