The Danish wind manufacturer Vestas reported strong earnings and write their forecasts. The share price rush by over ten percent on the Copenhagen Stock Exchange.
The operating profit for the second quarter, before non-recurring expenses, rose by 175 percent to EUR 399 million, corresponding to SEK 3.8 billion.
Equity Analysts had expected with a profit of 190 million euros.
the management raises revenue estimate for the full year 2016 from the previous minimum of nine billion euros to 9.5 billion euros. Operating margin is revised up from at least 11.0 per cent to a low of 12.5 percent.
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