Vestas upgrades free cash flow expectations for 2016 to EUR 1,500m-1,600m


Aarhus, Denmark, 2017-01-06 12:51 CET (GLOBE NEWSWIRE) --  

Based on preliminary reporting, Vestas upgrades the expectations for the 2016 free cash flow (incl. the acquisition of Availon Holding GmbH and excl. investments in marketable securities) to EUR 1,500m-1,600m compared to the previous expectation of minimum EUR 1,000m. The improvement is primarily driven by a strong order intake.

As earlier announced, the annual report for 2016 will be disclosed on 8 February 2017.

  

Contact details
Vestas Wind Systems A/S, Denmark
Hans Martin Smith, Senior Vice President, Group Treasury and Investor Relations
Tel: +45 9730 8209

 


Attachments

170106_CA_UK_01.pdf