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Windtech International January February 2024 issue

 

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The revenue of Vestas in 2006 was € 3.85 billion.

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Profitability was improved, as EBIT increased by € 317 million from € -116 million to € 201 million. Cash flow from operating activities was improved by € 450 million, which resulted in a net working capital of 3 per cent of total revenue. The positive development will continue in 2007, and the EBIT margin is expected to increase to 7-9 per cent.
 
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