Vestas Wind Systems A/S Revised Free Cash Flow Guidance for the Full Year 2016
January 06, 2017 at 05:21 pm IST
Vestas Wind Systems A/S revised free cash flow guidance for the full year 2016. The company upgrades the expectations for the 2016 free cash flow (incl. the acquisition of Availon Holding GmbH and excl. investments in marketable securities) to EUR 1,500 million- EUR 1,600 million compared to the previous expectation of minimum EUR 1,000 million. The improvement is primarily driven by a strong order intake.