Danish wind power giant, Vestas decries short fall in profit targetWednesday, 09 November 2011
Danish wind power group Vestas release their ambitious profit plan for 2015.
AdvertisementSince the company recently issued a profit warning and cut its full-year forecast, the trend continues in which the company is confirming now in its interim report that profitability targets for 2015 will not be met.
Revenues for the full year 2011 are expected to land at EUR 6.4 billion with a profit margin of 4 percent.
The company now disused that the target for 2015 will meet an income of 15 billion euros and a profit margin of 15 percent
By Scancomark.se Team
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