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Vestas Raises 2026 Profit Outlook After Strong Q2 Growth
🌬️ Vestas reported Q2 revenue of EUR 4.72 billion, up 26.1% year-on-year, while EBIT before special items surged to EUR 446 million, lifting the margin from 1.5% to 9.4%.
📈 The company raised its 2026 EBIT margin guidance to 7–9% from 6–8%, while maintaining its revenue forecast of EUR 20–22 billion. Adjusted free cash flow also improved to EUR 94 million from negative EUR 227 million a year earlier.
📦 Turbine order intake rose 67% to 3,349 MW, while the combined turbine and service backlog reached around EUR 76.9 billion, supporting revenue visibility for the coming quarters.
💶 Vestas also announced a share buyback of up to EUR 400 million. VWS shares jumped around 18–20% on August 12 as investors reacted to the stronger results and improved profitability outlook.
#Vestas $VET $WLD $SOL
🌬️ Vestas reported Q2 revenue of EUR 4.72 billion, up 26.1% year-on-year, while EBIT before special items surged to EUR 446 million, lifting the margin from 1.5% to 9.4%.
📈 The company raised its 2026 EBIT margin guidance to 7–9% from 6–8%, while maintaining its revenue forecast of EUR 20–22 billion. Adjusted free cash flow also improved to EUR 94 million from negative EUR 227 million a year earlier.
📦 Turbine order intake rose 67% to 3,349 MW, while the combined turbine and service backlog reached around EUR 76.9 billion, supporting revenue visibility for the coming quarters.
💶 Vestas also announced a share buyback of up to EUR 400 million. VWS shares jumped around 18–20% on August 12 as investors reacted to the stronger results and improved profitability outlook.
#Vestas $VET $WLD $SOL
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