Vestas Revises 2007 Result

Based on a strong Q4, Vestas revised the expectations for its 2007 result.

Compared to 2006, the company says revenue is expected to increase by EUR 1 billion to approx EUR 4.85 billion. At the same time, EBIT margin is expected to increase from 5.2% to approximately 9%, and cash flow is expected to increase by approximately 100 million to approx EUR 700 million for all 2007.

Vestas’ annual report for 2007 will be published on Wednesday, 27 February 2008 at 8:30, according to a company release