Wind Turbine Maker Vestas Posts €147 Million Loss in Q3 Amid Market Uncertainties

The company’s revenue fell by 29% YoY to €3.91 billion during the quarter

November 7, 2022

/ Rakesh Ranjan
/ Other, Wind
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Vestas Wind Systems, a wind turbine manufacturer, posted a loss of €147 million (~$146.33 million) in the third quarter (Q3) of the calendar year (CY) 2022, compared to a profit of €116 million (~$115.47 million) in Q3 2021.

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Rakesh Ranjan

More articles from Rakesh Ranjan.
financeResultssupply chainVestaswindwind turbine
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