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Interim financial report

Q3 2018

Revenue on par with last year’s third quarter while earnings and free cash flow decreased. Guidance for 2018 is unchanged for revenue and EBIT margin before special items. Guidance on total investment and free cash flow is adjusted.

To the shareholders of Vestas

Annual General Meeting 2019

On Wednesday, 3 April 2019 at 2:00 pm (CET), Vestas Wind Systems A/S will hold the Annual General Meeting at the Concert Hall (Musikhuset) Aarhus, Thomas Jensens Allé, 8000 Aarhus C, Denmark.

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Change in communication policy

regarding orders

As of 7 November 2018, Vestas has raised the announcement threshold for wind turbine orders to be disclosed in company announcements to 500 MW. The corresponding threshold for service orders will be EUR 500m.

Announcements

Below you will find company announcements from Vestas Wind Systems A/S including financial reports, announcements of major orders, etc., which Vestas has an obligation to disclose.

Press releases from Vestas Wind Systems A/S and the regional business units are available under Media > News.

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13:39 - 19 Nov 2018

Vestas - Transactions in connection with share buy-back programme, week 46 2018

Vestas Wind Systems A/S, Aarhus, 19 November 2018
Company announcement No. 45/2018

On 15 August 2018, Vestas initiated a share buy-back programme, ref. Company announcement No. 28/2018. The programme is implemented in accordance with Regulation No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (MAR) and the Commission’s delegated regulation (EU) 2016/1052 of 8 March 2016 (the "Safe Harbour” rules).

Under the programme, Vestas will buy back shares for an amount up to DKK 1,500m (approx. EUR 200m) in the period from 15 August 2018 to 28 December 2018.

The following transactions have been made under the programme in week 46:

	Number of shares	Weighted average purchase price, DKK	Transaction value, DKK
12 November 2018	9,680	478.23	4,629,301
13 November 2018	25,000	474.90	11,872,500
14 November 2018	10,020	474.64	4,755,923
15 November 2018	116,962	470.92	55,079,780
16 November 2018	45,000	463.38	20,852,217
Accumulated under the programme	3,087,739	424.68	1,311,305,082

Details of all the transactions relating to the share buy-back programme during the period are presented in the attached appendix.

Contact details
Vestas Wind Systems A/S, Denmark
Patrik Setterberg, Vice President
Investor Relations
Tel: +45 6122 1913

Attachments

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Announced wind turbine orders

Below you will find an overview of announced wind turbine orders from 2009 and until today.

As of 7 November 2018, Vestas has raised the threshold for announcement of firm and unconditional wind turbine orders: Orders with a total capacity of 500 MW or more must be disclosed as company announcements. Orders with a capacity below 500 MW may be published as news releases by the local business units and are available under Media/News.

Wind turbine orders announced in 2018

Date	Title	MW
22.01.2018 01.02.2018 21.02.2018 21.02.2018 12.03.2018 26.03.2018 28.03.2018 29.03.2018 29.03.2018 30.03.2018 30.03.2018 31.03.2018 31.03.2018 31.03.2018	First order in Kazakhstan strengthens Vestas’ global reach Customised solution secures Thai order with record-breaking hub heights Vestas wins 57 MW auction-derived order from E.ON in Italy Vestas secures 50 MW order in the U.S. 4 MW platform’s flexibility secures 72 MW order in Sweden New orders from Italian auction confirm Vestas’ market leadership Copenhagen Infrastructure Partners places 135 MW order Vestas receives 45 MW EPC order in Jordan from new customer Vestas secures first order from German auction round four Vestas secures first order for V120-2.2 MW from Indian auction win Vestas secures 159 MW order in the U.S. MidAmerican Energy places 92 MW order Vestas sells first V120-2.0 MW turbines in North America Vestas secures 209 MW order in the U.S.	52 45 57 50 72 51 135 45 21 50 159 92 138 209
	Total MW announced in Q1 Unannounced MW in Q1 Total MW order intake in Q1	1,176 453 1,629
05.05.2018 05.05.2018 16.05.2018 18.05.2018 01.06.2018 01.06.2018 14.06.2018 15.06.2018 19.06.2018 19.06.2018 25.06.2018 25.06.2018 25.06.2018 26.06.2018 29.06.2018 29.06.2018 29.06.2018 30.06.2018 30.06.2018	Vestas secures 48 MW order from Italian auction Vestas surpasses 1 GW in order intake from Italian auctions with new order Vestas partners with Vattenfall and PKA for 353 MW project in Sweden New 106 MW order extends Vestas’ Argentinean leadership Vestas receives 100 MW order in the U.S. Vestas receives 306 MW order from EnerAB in Mexico Longroad Energy places 212 MW order with Vestas for wind project in Texas Vestas receives 442 MW order in the USA Vestas receives 228 MW order in Australia with 30-year service agreement Vestas expands global footprint with first ever order in Panama Vestas debuts the V136-4.2 MW in Norway with 50 MW order Vestas secures first citizen-owned wind park order from German auction Vestas strengthens its footprint in Ukraine with two orders Vestas extends leadership in Japan with 47 MW order Vestas secures 197 MW order in Norway from BlackRock and Zephyr Vestas signs 26 MW EPC contract for a wind park in France Vestas secures 216 MW repowering order from PacifiCorp Vestas secures 108 MW order for its first ever Bolivian project Vestas to supply and install 48 MW wind park in the Dominican Republic	48 31 353 106 100 306 212 442 228 66 50 14 97 47 197 26 216 108 48
	Total MW announced in Q2 Unannounced MW in Q2 Total MW order intake in Q2	2,695 1,112 3,807
06.07.2018 06.07.2018 12.07.2018 12.07.2018 02.08.2018 27.08.2018 03.09.2018 07.09.2018 19.09.2018 20.09.2018 27.09.2018 27.09.2018 27.09.2018 27.09.2018 28.09.2018 28.09.2018 28.09.2018 28.09.2018 28.09.2018 29.09.2018 29.09.2018 29.09.2018	New 72 MW order introduces the V126-3.45 MW in China Vestas partners with TuuliWatti Oy on first V150-4.2 MW order Vestas to deliver 112 MW turnkey solution Customised tower solution secures Vestas’ largest order in Serbia Vestas secures 184 MW order from Xcel Energy Inc. Vestas secures first order with ECN Wind Energy Facilities Vestas enters new market with 159 MW EPC order in Senegal Vestas India receives second order from Ecoren Energy in 2018 Capital Power places 202 MW order with Vestas in Canada Vestas secures 144 MW order from Avangrid Renewables in the USA Vestas to introduce the V150-4.2 MW in South America Vestas extends market leadership with a 225 MW order in Argentina MidAmerican Energy places 356 MW order Vestas receives 146 MW order in Canada Vestas secures 181 MW project in Australia Long-term customer OX2 places 42 MW order Vestas to install 53 MW for the Llano wind project in Argentina Vestas receives 100 MW order from SITAC and EDF Renewables in India wpd awards Vestas with 59 MW project in Finland Vestas receives first V150-4.2 MW orders in North America Vestas secures first order for V150-4.2 MW in Germany Vestas receives 60 MW order in Canada	72 21 112 69 184 30 159 20 202 144 101 225 356 146 181 42 53 100 59 324 12 60
	Total MW announced in Q3 Unannounced MW in Q3 Total MW order intake in Q3	2,672 589 3,261
19.10.2018 23.10.2018 01.11.2018 14.11.2018 15.11.2018 27.11.2018 28.11.2018 29.11.2018 05.12.2018 07.12.2018	Vestas wins 294 MW order in South African auction Long-term customer Eolus places 130 MW order in Sweden Vestas to play leading part in restart of South Africa’s wind market Vestas wins largest project in Victoria's Renewable Energy Auction in Australia Vestas to deliver wind energy solution for subsidy-free project in Finland Vestas secures 52 MW EPC contract from Jordanian auction Vestas secures first multi-brand repowering order from PacifiCorp Vestas receives 220 MW order in USA and secures 10 GW of order intake in 2018 Vestas receives 106 MW order in Greece Vestas reinforces its leadership in Italy with 36 MW auction win	294 130 148 336 50 52 103 220 106 36
	Total MW announced in Q4 Unannounced MW in Q4 will be disclosed in the Annual report 2018 Total MW order intake in Q4	1,475 1,475
	Total MW announced year-to-date	10,172

Orders announced in 2017

Date	Title	MW
10.01.2017 24.01.2017 27.01.2017 06.02.2017 28.02.2017 03.03.2017 06.03.2017 14.03.2017 16.03.2017 29.03.2017 29.03.2017 29.03.2017 30.03.2017	Vestas receives 300 MW order in the USA Vestas receives 110 MW order in China Vestas wins 41 MW order in southern Germany Vestas wins 100 MW order in Argentina Vestas receives 348 MW order in the USA Vestas wins 33 MW order in Austria Vestas wins 50 MW order in Norway Vestas receives order for 31 MW in southern Germany Vestas receives 41 MW order in Ukraine Vestas receives 48 MW order in China Vestas receives order for low wind site in China Vestas receives 55 MW order in China Vestas receives 148 MW in the USA	300 110 41 100 348 33 50 31 41 48 48 55 148
	Total MW announced in Q1 Unannounced MW in Q1 Total MW order intake in Q1	1,353 696 2,049
07.04.2017 28.04.2017 28.04.2017 30.05.2017 06.06.2017 06.06.2017 07.06.2017 14.06.2017 28.06.2017 29.06.2017 29.06.2017 30.06.2017 30.06.2017 30.06.2017 30.06.2017 30.06.2017 30.06.2017 30.06.2017 30.06.2017	Vestas receives order for 76 MW repowering project in Germany Vestas receives order for 55 MW in China Vestas receives two orders for 110 MW in China Vestas wins first V126-3.45 MW order in South Korea Vestas receives 48 MW order in Greece Vestas signs orders for 220 MW in Argentina Vestas secures 50 MW order in Argentina Vestas wins order for the largest wind park in Greece Vestas wins 50 MW order in China Vestas receives orders totalling 33 MW in Austria Vestas receives 60 MW order in USA Vestas awarded its largest order to date in Sweden Vestas wins 54 MW order in Australia Vestas secures 70 MW order in the United States Vestas secures 100 MW order in Argentina Vestas wins 115 MW order in Sweden Vestas receives first order for V105-3.45 MW in Ireland Vestas receives 302 MW order in the USA Vestas receives 200 MW order in the United States	76 55 110 21 48 220 50 90 50 33 60 288 54 70 100 115 14 302 200
	Total MW announced in Q2 Unannounced MW in Q2 Total MW order intake in Q2	1,956 711 2,667
13.07.2017 17.07.2017 21.07.2017 03.08.2017 11.08.2017 15.08.2017 21.08.2017 31.08.2017 01.09.2017 29.09.2017 29.09.2017 29.09.2017 29.09.2017 29.09.2017 29.09.2017 29.09.2017	Vestas receives 22 MW order in the Netherlands Vestas signs 48 MW contract in the Dominican Republic Flat Top Wind I, LLC places order for 200 MW project in the U.S. Vestas receives 148 MW order in the U.S. Vestas secures 99 MW order in China Vestas receives 424 MW order in Mexico Vestas wins 180 MW order in Thailand Vestas receives order for Mongolia’s largest wind park Vestas’ progress in India continues with 100 MW turnkey order Vestas receives 174 MW order in the United States Vestas awarded 40 MW order in India New order derived from Argentinian auction Auction wins confirm Vestas’ leadership in Italy Mexican auctions produce more results for Vestas Vestas receives new order in Italy for 38 MW project Vestas wins 40 MW order from Italian auction	22 48 200 148 99 424 180 55 100 174 40 40 38 93 38 40
	Total MW announced in Q3 Unannounced MW in Q3 Total MW order intake in Q3	1,739 876 2,615
19.10.2017 24.10.2017 26.10.2017 02.11.2017 13.11.2017 22.11.2017 28.11.2017 29.11.2017 30.11.2017 01.12.2017 07.12.2017 08.12.2017 13.12.2017 13.12.2017 14.12.2017 15.12.2017 18.12.2017 19.12.2017 19.12.2017 21.12.2017 21.12.2017 22.12.2017 27.12.2017 27.12.2017 27.12.2017 28.12.2017 28.12.2017 29.12.2017 29.12.2017 29.12.2017 29.12.2017 29.12.2017 29.12.2017 29.12.2017 29.12.2017 29.12.2017 29.12.2017 29.12.2017 29.12.2017 29.12.2017 31.12.2017	Windlab and Vestas partner on the world’s first utility-scale hybrid Vestas receives first order for V136-3.45 MW in the United States Tall tower solutions secure another order in China Vestas receives 40 MW order in India Vestas to repower one of Europe’s highest-located wind parks Vestas enters into framework agreement and receives first order in Russia 4 MW platform expands its reach in the United States with 100 MW order Vestas recieves order for five tailor-made wind parks in Spain Vestas to repower two wind parks in Italy MidAmerican places 70 MW order in the U.S. New Chinese customer chooses Vestas for first wind energy project Vestas receives 40 MW order in the U.S. Swiss utility BKW Energie AG places 54 MW order in Norway Vestas wins largest order to date in India with 250 MW turnkey order Vestas receives 40 MW order in India Vestas secures 51 MW order in China Vestas receives 357 MW order in Sweden Brazilian auction results in 53 MW order Vestas’ EPC and repowering expertise secures turnkey solution Innogy places 96 MW order for the Clocaenog Forest wind project Vasa Vind places 49 MW order in Sweden New customer places 28 MW order in Germany New 118 MW order adds to Vestas’ momentum in Mexico Vestas receives 32 MW order of 80 percent PTC qualifying turbines in the U.S. Vestas and W.E.B sign two orders in Germany and Austria Vestas receives 20 MW order in the U.S. Vestas receives 28 MW order in the U.S. Vestas receives 18 MW order in the U.S. Vestas receives 24 MW order in the U.S. Eolus places 279 MW order for four projects in Sweden With new order, Vestas’ total 2017 order intake in Greece nears 250 MW Vestas to extend wind park in Argentina with 50 MW Vestas receives order from Avangrid Renewables for 184 MW in the USA Vestas receives first V116-2.0 MW order Vestas’ total order intake for 2017 passes 10 GW with 29 MW order in the U.S. Vestas receives 300 MW order in Canada New order takes Vestas’ 2017 order intake in Argentina close to 600 MW Vestas receives 32 MW order in Chile Vestas receives 29 MW order in the U.S. Vestas passes 10.5 GW in global order intake for 2017 with a U.S. order Vestas achieves largest order intake in India in one year	43 136 55 40 31 50 100 86 53 70 77 40 54 250 40 51 357 53 21 96 49 28 118 32 35 20 28 18 24 279 28 50 184 66 29 300 22 32 29 190 96
	Total MW announced in Q4 Unannounced MW in Q4 Total MW order intake in Q4	3,360 484 3,844
	Total MW announced year-to-date	11,176*

*Deviation compared to sum of quarterly order intake as a result of rounding of numbers

Orders announced in 2016

Date	Title	MW
20.01.16 28.01.16 04.02.16 11.02.16 23.02.16 29.02.16 29.02.16 01.03.16 15.03.16 18.03.16 31.03.16 31.03.16 31.03.16	Vestas receives its first order in Poland in 2016 Vestas strengthens competitiveness in Sweden with 26 MW order Vestas wins 36 MW order in Ireland Vestas receives 200 MW order in the USA Vestas receives 1 GW-order in Norway Vestas wins 45 MW order in Denmark Vestas receives 53 MW order in Uruguay Vestas receives 52 MW Norwegian order for upgraded 3 MW platform Vestas wins 31 MW order and 20-year service contract with German customer Vestas wins 31 MW order in the UK under new Master Supply Agreement Vestas receives 48 MW order in China Vestas receives 27 MW order in Spain Vestas receives 200 MW order in the USA	56 26 36 200 1,001 45 53 52 31 31 48 27 200
	Total MW announced in Q1 Unannounced MW in Q1 Total MW order intake in Q1	1,806 597 2,403
04.04.16 28.04.16 04.05.16 31.05.16 15.06.16 27.06.16 27.06.16 29.06.16 29.06.16 29.06.16 30.06.16 30.06.16	Vestas receives 172 MW of orders in Brazil Vestas strengthen competitive position in Sweden with 76 MW order Vestas receives 178 MW order in Kansas Vestas receives 224 MW order in Québec Vestas receives 48 MW order in China Vestas receives 30 MW order in Vietnam Vestas wins 26 MW order in Greece Vestas secures 53 MW order in the United States Vestas wins 53 MW EPC order in Germany Vestas secures 26 MW order in Turkey Vestas wins 76 MW order in Sweden Vestas secures orders for 162 MW in the United States	172 76 178 224 48 30 26 53 53 26 76 162
	Total MW announced in Q2 Unannounced MW in Q2 Total MW order intake in Q2	1,124 666 1,790
15.07.16 02.08.16 08.08.16 10.08.16 11.08.16 19.08.16 23.09.16 29.09.16 29.09.16 30.09.16 30.09.16	Vestas secures 131 MW order in the United States Vestas receives 120 MW order in Morocco Vestas receives 160 MW order in the United States Vestas receives 278 MW order in the USA Vestas wins 112 MW Norwegian order Vestas receives 100 MW order in Michigan Vestas receives 214 MW order in the United States Vestas receives 45 MW order and 20-year service contract for repowering project in Germany Vestas receives its first order in Mongolia Vestas receives 100 MW order in China Vestas secures 40 MW order in Brazil	131 120 160 278 112 100 214 45 50 100 40
	Total MW announced in Q3 Unannounced MW in Q3 Total MW order intake in Q3	1,350 419 1,769
14.10.16 25.10.16 14.11.16 24.11.16 30.11.16 01.12.16 07.12.16 07.12.16 08.12.16 12.12.16 16.12.16 19.12.16 20.12.16 20.12.16 21.12.16 22.12.16 23.12.16 23.12.16 28.12.16 28.12.16 28.12.16 28.12.16 28.12.16 29.12.16 29.12.16 29.12.16 29.12.16 30.12.16 30.12.16 30.12.16 30.12.16 30.12.16 30.12.16 30.12.16 30.12.16 30.12.16	Vestas receives 148 MW order in Sweden Vestas receives 48 MW order in China Vestas receives 30 MW order in Australia Vestas wins 65 MW order in Sweden Vestas receives 180 MW order in Australia Vestas secures 112 MW for three projects in France Vestas receives order for tallest turbines in China Vestas wins 79 MW order in Sweden Vestas secures order for 101 MW in the United States Vestas receives 270 MW order in Australia Vestas receives 153 MW order in the United States Vestas secures order for 42 MW in the United States Vestas receives 24 MW order in South Korea Vestas secures order for 200 MW in the United States Vestas awarded its largest onshore order to date in UK Vestas receives first repowering order in the United States Vestas receives 154 MW order in the United States Vestas wins 89 MW EPC project in Jordan Vestas secures order for 48 MW in the United States Vestas secures 200 MW order in the United States Vestas secures order for 43 MW in the United States Vestas wins first orders in Honduras Vestas receives 30 MW order and 20-year service contract in northern Germany Vestas receives 140 MW order in the United States Vestas receives 40 MW order in the United States Vestas receives 70 MW order in the United States Vestas receives 21 MW order and 10-year service contract in Ukraine Vestas secures order for 131 MW in the United States Vestas receives 30 MW order in the United States Vestas secures 117 MW in Brazil Vestas receives 50 MW order in China Vestas receives order for first project in China using its 3 MW platform Vestas receives 42 MW order in Brazil Vestas receives 131 MW order in the United States Vestas secures order for 67 MW in the United States Vestas receives 29 MW repowering order in the United States	148 48 30 65 180 112 80 79 101 270 153 42 24 200 228 29 154 89 48 200 43 59 30 140 40 70 21 131 30 117 50 25 42 131 67 29
	Total MW announced in Q4 Unannounced MW in Q4 will be disclosed in the annual report 2016 Total MW order intake in Q4	3,305 1,227 4,532
	Total MW announced year-to-date	10,494

Orders announced 2015

Date	Title	MW
14.01.15 21.01.15 29.01.15 02.02.15 03.02.15 04.02.15 10.02.15 13.02.15 19.02.15 06.03.15 10.03.15 19.03.15 20.03.15 25.03.15 26.03.15 31.03.15 31.03.15 31.03.15 31.03.15	Vestas receives 36 MW order in Poland Vestas receives 298 MW order in the USA Vestas secures 36 MW order in Jamaica Vestas receives a 74 MW order for low-wind site in China Vestas secures 48 MW order in China Vestas receives 106 MW order in Brazil Vestas secures first V112-3.3 MW order for 30 MW UK project Vestas wins 48 MW order in Poland Vestas wins 33 MW order for V126-3.3 MW turbines in Sweden Vestas receives 50 MW order for wind power plant in Germany Vestas receives 180 MW order in Brazil Vestas receives 48 MW order in China Vestas receives 122 MW order in Sweden Vestas wins 36 MW Danish wind turbine project Vestas receives 40 MW order in U.S. State of Maine Vestas secures its fourth announced order in China this year Vestas secures 53 MW turbine order in Finland Vestas receives 23 MW turbine order in Finland Vestas receives 21 MW order in Costa Rica	36 298 36 74 48 106 30 48 33 50 180 48 122 36 40 50 53 23 21
	Total MW announced in Q1 Unannounced MW in Q1 Total MW order intake in Q1	1,332 418 1,750
28.04.15 30.04.15 30.04.15 04.05.15 05.05.15 08.05.15 18.05.15 25.05.15 27.05.15 28.05.15 04.06.15 25.06.15 26.06.15 28.06.15 29.06.15 30.06.15 30.06.15 30.06.15 30.06.15	Vestas receives 78 MW order in the USA Vestas receives 20 MW order for Coonooer Bridge Wind Farm in Australia Vestas receives 400 MW order in the USA Vestas receives 33 MW order for first V126-3.3 MW turbines in Austria Vestas receives 72 MW order in the USA Vestas receives 149 MW order in Mexico Vestas receives order for 400 MW by MHI Vestas Offshore Wind Vestas receives 83 MW order in Poland Vestas receives 83 MW order in Turkey Vestas receives 99 MW order in Mexico Vestas secures 40 MW order in Italy Vestas receives 150 MW order in the USA Vestas confirms 66 MW turbine order in Scotland, UK Vestas receives 185 MW order in Chile Vestas wins 39 MW Danish wind turbine project Vestas receives 33 MW turbine order in Finland Vestas receives 155 MW order in the USA Vestas receives 274 MW order in the USA Vestas receives 108 MW order in the USA	78 20 400 33 72 149 400 83 83 99 40 150 66 185 39 33 155 274 108
	Total MW announced in Q2 Unannounced MW in Q2 Total MW order intake in Q2	2,467 551 3,018
10.07.15 16.07.15 22.07.15 11.08.15 24.08.15 26.08.15 27.08.15 28.08.15 01.09.15 02.09.15 04.09.15 11.09.15 15.09.15 29.09.15 30.09.15 30.09.15	Vestas secures 46 MW order in Turkey Vestas wins 26 MW project in South Korea Vestas wins 46 MW project in India Vestas receives 100 MW order in the USA Vestas receives 50 MW order in Uruguay Vestas to supply wind project in India Vestas receives 26 MW order for citizen-owned wind park in southern Germany Vestas receives 73 MW order in Finland Vestas wins 33 MW order in Sweden Vestas receives 70 MW order in Uruguay Vestas supplies 40 MW for citizen-owned wind park in Germany Vestas receives 200 MW order in the USA HydroChina places first order with Vestas for 24 MW wind park in Vietnam Vestas receives 126 MW order in Thailand Vestas receives 93 MW order in Finland Vestas receives 150 MW order in the USA	46 26 46 100 50 28 26 73 33 70 40 200 24 126 93 150
	Total MW announced in Q3 Unannounced MW in Q3 Total MW order intake in Q3 2015	1,131 377 1,508
15.10.15 26.10.15 27.10.15 06.11.15 09.11.15 13.11.15 23.11.15 30.11.15 02.12.15 17.12.15 23.12.15 24.12.15 29.12.15 29.12.15 30.12.15 31.12.15 31.12.15	Vestas receives 144 MW order in the USA MHI Vestas Offshore Wind receives 165 MW order in Belgium, for which Vestas will deliver the turbines Vestas receives 26 MW order in Sweden Vestas receives 200 MKW order in China Vestas wins 20 MW project in South Korea with new customer GS Power Vestas receives another order in China Vestas receives 200 MW order in the USA Vestas receives 201 MW order in the USA Vestas wins 36 MW order and 20-year service contract with new German customer Vestas receives 100 MW order in the USA Vestas receives 110 MW order in the UK Vestas receives 198 MW order in the USA Vestas receives 50 MW order in China Vestas receives 40 MW order in Greece Vestas receives 117 MW order in Finland Vestas receives 90 MW order in Brazil Vestas wins 76 MW project in South Korea	144 165 26 200 20 50 200 201 36 100 110 198 50 40 117 90 76
	Total MW announced in Q4 Unannounced MW in Q4 Total MW order intake in Q4 2015	1,823 844 2,667

	Total MW announced in 2015	8,943

Orders announced 2014

Date	Title	MW
14.02.14 05.03.14 07.03.14 07.03.14 17.03.14 28.03.14 31.03.14 01.04.14	Vestas receives 21 MW order for Costa Rica Vestas receives 72.6 MW order in Germany Vestas receives 99 MW order in Finland Vestas signs 30 MW order as part of a 207 MW framework agreement in Turkey Vestas receives 21 MW order in Germany + framework agreement for 225 MW Vestas receives 98 MW order in North America Vestas receives 48 MW order for first V117 turbines in Italy Vestas receives 194 MW order in the USA	21 73 99 30 21 98 48 194
	Total MW announced in Q1 Unannounced MW in Q1 Total MW order intake in Q1	584 604 1,188
25.04.14 02.05.14 02.05.14 14.05.14 19.05.14 21.05.14 30.05.14 06.06.14 23.06.14 27.06.14 27.06.14 28.06.14	Vestas receives 33 MW order for largest V117 project to-date in Denmark Vestas receives 63 MW order in the Philippines 59 MW order secures Vestas’ leadership in South Korean market Vestas receives 63 MW in Germany Vestas receives 148 MW order in the USA Vestas receives 78 MW order in North America Vestas wins 53 MW project in the Republic of Guatemala Vestas receives orders for a total of 158 MW in Turkey Vestas receives 33 MW order in Turkey Vestas receives 88 MW order in France Vestas receives 124 MW order in the USA Vestas receives orders for a total of 450 MW in the USA	33 63 59 63 148 78 53 158 33 88 124 450
	Total MW announced in Q2 Unannounced MW in Q2 Total MW order intake in Q2	1,350 582 1,932
01.07.14 31.07.14 29.08.14 01.09.14 03.09.14 23.09.14 25.09.14 30.09.14 30.09.14	Vestas receives 166 MW order in the USA Vestas receives 53 MW order in Sweden Vestas receives 30 MW order, strengthening market position in Finland Vestas receives 58 MW order in Poland Vestas wins 42 MW order in Poland Vestas receives 110 MW order in Texas Vestas receives 16.5 MW order in Finland Vestas receives 79 MW order in Sweden Vestas receives 49 MW order for Kiyú wind power plant in Uruguay	166 53 30 58 42 110 17 79 49
	Total MW announced in Q3 Unannounced MW in Q3 Total MW order intake in Q3	604 566 1,170
24.10.14 31.10.14 06.11.14 06.11.14 13.11.14 14.11.14 19.11.14 25.11.14 26.11.14 11.12.14 19.12.14 19.12.14 29.12.14 30.12.14 30.12.14 31.12.14 31.12.14	Vestas receives 50 MW order in China Vestas secures 66 MW order in Turkey Vestas receives 76 MW order in Poland Vestas receives 200 MW order in Texas Vestas wins 52 MW China order Vestas receives 200 MW order in Minnesota Vestas secures 42 MW order in Croatia Vestas strengthens its market-leading position with a 46 MW order in Sweden Vestas secures 49 MW order in the Dominican Republic Vestas receives 310 MW order in Kenya Vestas receives 34 MW order in Turkey Vestas wins 36 MW order in Poland Vestas receives 42 MW order in Italy Vestas receives 60 MW order in the USA as part of an MSA with a potential of up to 600 MW Vestas receives 150 MW order in the USA as part of TSAs with an additional potential of up to 1 GW Vestas receives 88 MW order in Chile Vestas receives 73 MW order for unique project in Greece	50 66 76 200 52 200 42 46 49 310 34 36 42 60 150 88 73
	Total MW announced in Q4 Unnanounced MW in Q4 Total order intake in Q4	1,574 680 2,254
	Total MW order intake in 2014	6,544

Orders announced 2013

Date	Title	MW
03.01.2013 14.01.2013 18.03.2013 29.03.2013	Vestas signs 90 MW purchase agreement Vestas receives 42 MW order for Uruguay Vestas receives 34 MW order for Italy Vestas receives 105 MW order in Ukraine	90 42 34 105
	Total MW announced in Q1 Unannounced MW in Q1	271 373
	Total MW order intake in Q1	644
08.04.2013 10.04.2013 18.04.2013 24.04.2013 30.04.2013 23.05.2013 30.05.2013 11.06.2013 13.06.2013 20.06.2013 27.06.2013 28.06.2013 28.06.2013	Vestas receives 299 MW order in Canada Vestas receives 72 MW order in Romania Vestas receives order for 24 V100-2.6 MW turbines for Italy Vestas receives 110 MW order in Chile First V112-3.0 MW onshore turbines for Belgium Vestas receives 155 MW order in Mexico Vestas receives 90 MW order in Uruguay Vestas receives 94 MW order in South Africa Vestas wins 42 MW order in Croatia Holmen Energy invests in Vestas wind power with 51 MW order Vestas receives 99 MW order in Sweden Vestas receives 87 MW order in the Philippines Vestas receives 107 MW order in Australia	299 72 62 110 27 155 90 94 42 51 99 87 107
	Total MW announced in Q2 Unannounced MW in Q2	1,295 346
	Total MW order intake in Q2	1,641
03.07.2013 01.08.2013 13.08.2013 16.08.2013 03.09.2013 05.09.2013 12.09.2013 12.09.2013 13.09.2013 20.09.2013 23.09.2013 26.09.2013 27.09.2013 30.09.2013	Vestas receives 93 MW order in South Africa Vestas receives 105 MW order in South Africa Vestas received 50 MW order in China Vestas receives 21 MW order in Ukraine Vestas receives 52 MW order for first V112-3.3 MW turbines in Turkey Vestas signs orders totalling 100 MW in China Vestas wins 42 MW order for Germany Vestas receives 48 MW order in China Vestas receives 80 MW order together with MSA for a potential of up to 750 MW in the USA Vestas receives 60 MW order in the USA as part of supply agreements with a potential of up to 610 MW Vestas receives fifteenth order from EOLE-RES for 20 MW in France Vestas receives 400 MW order in the USA Vestas receives 129 MW offshore order in the Netherlands Vestas receives 50 MW order in Uruguay	93 105 50 21 52 100 42 48 80 60 20 400 129 50
	Total MW announced in Q3 Unannounced MW in Q3	1,250 297
	Total MW order intake in Q3	1,547
10.10.2013 28.11.2013 05.12.2013 05.12.2013 10.12.2013 17.12.2013 18.12.2013 19.12.2013 20.12.2013 23.12.2013 23.12.2013 24.12.2013 27.12.2013 27.12.2013 30.12.2013 31.12.2013 31.12.2013	Vestas receives 108 MW order in Romania Vestas receives 23 MW order for the extension of the Bakras wind power plant in Turkey Vestas receives 44 MW order for the Kangal RES wind power plant in Turkey Vestas secures 24 MW order for four projects in Canada Vestas receives four Swedish orders totalling 59 MW Vestas receives 51 MW order for the largest V112-3.0 MW wind power plant in France Vestas receives 350 MW order in the USA with a potential of up to 636 MW more Vestas receives 50 MW offshore order for the UK Vestas receives 220 MW order in the USA and increases the potential of the MSA from 750 MW to 1,174 MW Vestas receives 117 MW order in Jordan Vestas receives 150 MW order from an MSA with a potential of up to 568 MW more in the USA Vestas receives 110 MW order in the USA Vestas receives 36 MW order for V90-2.0 MW wind turbines Vestas signs first order for V110-2.0 MW in Europe Vestas receives 39 MW order for the extension of the Carape wind power plant in Uruguay Vestas receives 36 MW order from leading German developer juwi Wind Vestas signs 51.8 MW orders for V100-2.0 MW wind turbines in India with Powerica Ltd.	108 23 44 24 59 51 350 50 220 117 150 110 36 40 39 36 52
	Total MW announced in Q4	1,509
	Unannounced MW in Q4	623
	Total MW order intake in Q4	2,132

	Total MW order intake in 2013	5,964

Orders announced 2012

Date	Title	MW	Service*)
24.01.2012 31.01.2012 20.02.2012 21.02.2012 27.02.2012 07.03.2012 12.03.2012 19.03.2012	Vestas strengthens its position in Finland even further First V100 order for China Vestas signs 56 MW order in Italy Vestas receives 150 MW order in the USA Vestas receives 102 MW order in the USA Vestas receives 82 MW order in Poland Vestas receives 396 MW order in Mexico Vestas wins 50 MW in Fujian, China	30 49 56 150 102 82 396 50	√ √ √ √ √ √ √ √
	MW announced in Q1 Unannounced MW in Q1	915 354
	Total MW order intake in Q1	1,269
10.04.2012 27.04.2012 22.05.2012 07.06.2012 11.06.2012 20.06.2012 20.06.2012 26.06.2012 27.06.2012 28.06.2012	Fourth phase of the Chinese Mishan project firmed Vestas receives 90 MW order in Ukraine Vestas has won a 49.4 MW contract for China Vestas signs 40 MW order in Nicaragua Vestas wins another V90 order in China Vestas receives 49.5 MW order in China Vestas signs 55 MW order in Italy Vestas receives its first V100-2.0 MW order in Spain Vestas receives 90 MW order in Sweden Vestas wins 216 MW offshore order in Belgium	50 90 49 40 48 50 55 16 90 216	√ √ √ √ √ √ √ √ √
	MW announced in Q2 Unannounced MW in Q2	704 241
	Total MW order intake in Q2	945
04.07.2012 04.07.2012 07.08.2012 14.09.2012 27.09.2012	Vestas receives 50 MW order in Mexico Vestas receives 24 MW order for Ireland Vestas signs its first V100 order in Italy for 20 MW Vestas signs its first V112 order in Italy for 24 MW Vestas receives order for delivery of 40 MW to Poland	50 24 20 24 40	√ √ √ √
	MW announced in Q3 Unannounced MW in Q3	158 243
	Total MW order intake in Q3	401
02.10.2012 04.10.2012 08.10.2012 16.10.2012 06.11.2012 15.11.2012 16.11.2012 21.12.2012 28.12.2012 28.12.2012	Vestas receives 68 MW order for the UK Vestas receives 36 MW order in France Vestas receives 114 MW order in Peru Vestas signs 27 MW order for the delivery of the first V112-3.0 MW turbines to Turkey Vestas’ first V126-3.0 MW turbines sold to customer in Finland Vestas receives 67 MW order in South Africa Vestas receives 39 MW order in Italy Vestas receives 74 MW order in South Africa Vestas signs first 17 MW as part of a 184 MW onshore framework agreement in Denmark Vestas receives 54 MW order in Mexico	68 36 114 27 9 67 39 74 17 54	√ √ √ √ √ √ √ √ √ √
	MW announced in Q4 Unannounced MW in Q4	505 618
	Total MW order intake in Q4	1,123
	Total MW order intake in 2012	3,738

*) Order with service agreement

Orders announced 2011

Date	Title	MW	Service*)
07.01.2011 10.01.2011 11.02.2011 09.03.2011 29.03.2011 31.03.2011	Vestas wins a 50 MW order in China Vestas wins German order for 38 MW Vestas receives 44 MW order in England Vestas to take on the first repowering project in Portugal Vestas receives 44 MW order in Sweden Vestas receives 150 MW order in Brazil	50 38 44 12 44 150	√ √ √ √ √ √
	MW announced in Q1 Unannounced MW in Q1	338 292
	Total MW order intake in Q1	630
01.04.2011 14.04.2011 20.04.2011 03.05.2011 04.05.2011 06.05.2011 11.05.2011 13.05.2011 17.05.2011 18.05.2011 27.05.2011 30.05.2011 07.06.2011 08.06.2011 17.06.2011 20.06.2011 30.06.2011	China’s largest wind developer places 48 MW order with Vestas Vestas wins 50 MW for Inner Mongolia Vestas receives 104 MW order in Canada Vestas receives 100 MW order in China Chinese customer orders 49 MW and signs 250 MW frame agreement Vestas receives 102 MW order in California, USA Vestas receives 72 MW order in Turkey Vestas receives 80 MW order in Brazil Vestas receives 50 MW order in the UK Vestas receives 200 MW order in the USA Vestas receives 219 MW order in California, USA Vestas receives 149 MW order in Canada Vestas enters the Finnish market with order of strategic importance Vestas receives 31 MW order for India Vestas wins 49 MW order in China Vestas receives 78 MW order in Sweden EDF Energies Nouvelles and Vestas enter frame agreement	48 50 104 100 49 102 72 80 50 200 219 149 18 31 49 78 80	√ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √
	MW announced in Q2 Unannounced MW in Q2	1,479 786
	Total MW order intake in Q2	2,265
01.07.2011 01.07.2011 08.07.2011 15.07.2011 26.07.2011 04.08.2011 09.08.2011 15.08.2011 05.09.2011 15.09.2011 30.09.2011	Vestas receives 60 MW order in Brazil Vestas receives 29 MW order in Mexico Vestas receives 23 MW order in Puerto Rico Vestas receives 90 MW order in Brazil Vestas receives 92 MW order in Asia Pacific Vestas receives order for 47 MW in India Vestas receives order for 92 MW in Spain Vestas receives 202 MW order in the USA Vestas receives order for 26 MW in Italy Vestas receives 40 MW order in Nicaragua Vestas receives order for 36 MW under Eolus framework agreement	60 29 23 90 92 47 92 202 26 40 36	√ √ √ √ √ √ √ √ √ √ √
	MW announced in Q3 Unannounced MW in Q3	737 579
	Total MW order intake in Q3	1,316
06.10.2011 06.10.2011 13.10.2011 14.10.2011 18.10.2011 19.10.2011 28.10.2011 15.11.2011 16.11.2011 22.11.2011 28.11.2011 01.12.2011 05.12.2011 12.12.2011 22.12.2011 29.12.2011 30.12.2011 30.12.2011 30.12.2011 30.12.2011 30.12.2011 30.12.2011	Vestas receives 129 MW order in Sweden Vestas receives first North American V112-3.0 MW order in the USA Vestas receives 99 MW order in Texas, USA Vestas receives 178 MW order in Ontario, Canada Vestas receives 101 MW order in the USA Vestas receives 24 MW order in Finland Vestas receives 267 MW offshore order Vestas receives orders for 139 MW in the USA Vestas receives order for 42 MW in Spain Vestas receives 59 MW order in Michigan, USA Vestas marks first sale in the Ukraine Vestas returns to Hainan province with a new order for 48 MW Vestas receives 168 MW order in Australia Vestas receives 96 MW order in Sweden Vestas receives order for 52 MW in Spain Vestas receives 254 MW order in Brazil Vestas receives 69 MW order for Sweden Vestas signs 24 MW order with VSB Energies Nouvelles in France Vestas enters Pakistan with 50 MW order from the Zorlu Energy Group Vestas receives 54 MW order in the UK Vestas signs contracts with EDF EN for 62 MW in Italy and Germany Vestas signs 51 MW order in Poland	129 65 99 178 101 24 267 139 42 59 3 48 168 96 52 254 69 24 50 54 62 51	√ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √
	MW announced in Q4 Unannounced MW in Q4	2,034 1,152
	Total MW order intake in Q4	3,186
	Total MW order intake in 2011	7,397

*) Order with service agreement.

Orders announced 2010

Date	Title	MW	Service*)
06.01.2010 11.01.2010 10.02.2010 25.02.2010 08.03.2010 16.03.2010 16.03.2010 25.03.2010 30.03.2010 31.03.2010	Vestas receives 80 MW order for Germany Vestas receives order for V90-3.0 MW turbines in Canada Vestas receives 99 MW order for the USA Vestas China in new partnership with Shanghai Huitong Energy Co. Ltd. Vestas signs contract for 34 MW in Italy Vestas receives order for 42 MW for France Vestas receives order for 25 MW in the Dominican Republic Vestas receives 145 MW order for the USA Vestas China wins 50 MW order for Heilongjiang province Vestas receives its largest single order in Australia	80 54 99 48 34 42 25 145 50 206	√ √ √ √ √ √ √ √ √ √
	Total MW announced in Q1 Unannounced MW in Q1	783 475
	Total MW order intake in Q1	1,258
06.04.2010 07.04.2010 15.04.2010 20.04.2010 22.04.2010 23.04.2010 26.04.2010 27.04.2010 18.05.2010 17.06.2010 21.06.2010 23.06.2010 24.06.2010 30.06.2010	Vestas China adds another 50 MW of clean wind energy to Heilongjiang province Vestas signs 93 MW contract in Turkey Vestas to deliver 58 units of the V52-850 kW turbine in Guangdong province Vestas China’s strong capabilities attract new partner Vestas continues to expand customer base in China Vestas receives order for V82-1.65 MW turbines in Canada Vestas signs order for 1,500 MW with an option for an additional 600 MW Vestas receives four orders totalling 198 MW in China Vestas receives order for 49 MW in Canada Vestas China’s key account Datang orders 50 MW of clean energy Vestas China’s key account Datang orders another 50 MW for Inner Mongolia Vestas receives 142 MW order for British Columbia, Canada Vestas China continues to add clean energy to Fujian Province Vestas receives 250 MW order for Colorado, USA	50 93 49 49 49 26 1,500 198 49 50 50 142 48 250	√ √ √ √ √ √ √ √ √ √
	Total MW announced in Q2 Unannounced MW in Q2	2,603 428
	Total MW order intake in Q2	3,031
02.07.2010 06.07.2010 08.07.2010 14.07.2010 19.07.2010 21.07.2010 23.07.2010 02.08.2010 03.08.2010 12.08.2010 13.08.2010 18.08.2010 25.08.2010 09.09.2010 14.09.2010 14.09.2010 21.09.2010 22.09.2010	First order for the V100 turbine in Vestas Mediterranean Valued German customer places order for 40 MW Vestas receives order for 23 MW in Italy Vestas receives 63 MW order in Sweden Vestas’ mature and reliable technology a key consideration for Chinese customer Vestas receives record-setting order — 570 MW in California, USA Vestas receives 32 MW order in Sweden Vestas receives order from leading Chinese wind energy developer Vestas receives 66 MW order in the United Kingdom Vestas lands order for the largest wind power project in Australia – with the new V112 turbine ... Important customer puts its trust in Vestas’ products and services Business case certainty delivered by Vestas’ kW-platform remains attractive Vestas receives order for 40 MW in India Vestas signs global order for 400 MW with an option for an additional 1,000 MW Vestas receives order for 54 MW in Italy Vestas receives 58 MW orders in Poland First order for new V112-3.0 MW turbine in Europe ENERTRAG orders seven units of the Vestas V112-3.0 MW turbine	18 40 23 63 49 570 32 36 66 420 74 74 40 400 54 58 51 21	√ √ √ √ √ √ √ √ √ √ √ √ √ √ √
	Total MW announced in Q3 Unannounced MW in Q3	2,089 189
	Total MW order intake in Q3	2,278
21.10.2010 01.11.2010 01.11.2010 03.11.2010 08.11.2010 10.11.2010 16.11.2010 22.11.2010 24.11.2010 09.12.2010 14.12.2010 15.12.2010 16.12.2010 20.12.2010 21.12.2010 22.12.2010 29.12.2010 29.12.2010 30.12.2010 30.12.2010 30.12.2010 31.12.2010 31.12.2010	Vestas receives 128 MW order in California, USA Vestas receives 28 MW order in the United Kingdom Vestas receives 58 MW order in Idaho marking the first V100-1.8 MW project in the USA Vestas receives 86 MW order in Brazil Vestas receives 100 MW order in Europe Vestas receives 56 MW order in India Vestas receives 90 MW order in Michigan, USA Vestas receives order for 77 MW in Argentina Vestas receives 33 MW order in India Vestas receives 43 MW order in Minnesota, USA Vestas enters Cape Verde with a new order for 26 MW Master Investment Company Ltd. orders another 49 MW from Vestas China Vestas receives 79 MW order in Idaho, USA Vestas receives 50 MW order in New Mexico, USA Vestas receives 99 MW order in British Columbia, Canada Vestas receives 41 MW order in Sweden Vestas receives 21 MW order in Germany Vestas China picks up with old customer to deliver 49 MW Vestas receives 100 MW order in Germany Vestas receives 140 MW order in Poland Vestas receives 54 MW order in Norway Vestas receives 51 MW order in Germany Vestas receives 66 MW order in Italy	128 28 58 86 100 56 90 77 33 43 26 49 79 50 99 41 21 49 100 140 54 51 66	√ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √
	Total MW announced in Q4 Unannounced MW in Q4	1,524 582
	Total MW order intake in Q4	2,106
	Total MW order intake in 2010	8,673

*) Order with service agreement.

Orders announced 2009

Date	Title	MW	Service*)
16.01.09 28.01.09 02.02.09 27.03.09 31.03.09	Vestas receives large 3 MW order for Romania Vestas signs contract for 26 MW in Italy Vestas receives 24 MW order for the French market Vestas signs contract for 33 MW in Turkey Vestas receives 74 MW order in Italy	201 26 24 33 74	√ √ √ √ √
	Total MW published in Q1	358
01.04.09 24.04.09 29.04.09 09.06.09 11.06.09	Vestas receives order for 228 MW in Romania Vestas sells 50 MW of wind energy to China Vestas receives order for V90-3.0 MW turbines in Canada Vestas receives 51 MW order in Poland Vestas receives 24 MW order for Hungary	228 50 69 51 24	√ √ √ √ √
	Total MW published in Q2	422
06.07.09 10.07.09 30.07.09 31.07.09 07.08.09 26.08.09 19.09.09	Vestas receives 34 MW order to China Vestas receives orders for 75 MW to China Vestas receives 165 MW offshore order in Belgium Vestas receives order for 82 MW in Cyprus Vestas receives order for 111 MW in Australia Vestas receives order for 77 MW for Spain Vestas receives order for 99 MW in India	34 75 165 82 111 77 99	√ √ √ √ √ √ √
	Total MW published in Q3	643
02.10.09 28.10.09 17.12.09 23.12.09 28.12.09 29.12.09 30.12.09 30.12.09	Vestas signs contract for 58 MW in Italy Vestas receives order for 102 MW in Mexico Vestas receives first order for its made-for-China wind turbine Vestas receives 140 MW order for Bulgaria and Romania Valued Chinese partner shows confidence in Vestas product line Vestas receives 34 MW order in Sweden Vestas receives 96 MW order for Poland Vestas receives order for 48 MW in Spain	58 102 49 140 40 34 96 48	√ √ √ √ √ √ √
	Total MW published in Q4	567
	Total MW published in 2009	1,990

*) Order with service agreement.

Announced service orders

Below you will find a list of announced service orders from 2012 and until today.

As of 7 November 2018, firm and unconditional service orders with a value of EUR 500m or more must be disclosed as company announcements. Firm and unconditional service orders with a value of less than EUR 500m may be published as news releases by the local business units and are available under Media/News.

Announced service orders 2018

Date	Title	Duration (years)	Details	MW
31.03.18 27.09.18	Vestas secures 10-year renewal of 1,150 MW service portfolio across the U.S. wind belt Vestas renews long-term service agreements for 602 MW in the U.S.	10		1,150 602
	Total announced service orders year-to-date (MW)			1,752

Announced service orders in 2017

Date	Title	Duration (years)	Details	MW
11.05.2017 17.05.2017 29.06.2017 05.09.2017	Vestas receives 15-year service contract for seven wind parks in Sweden Vestas signs 15-year renewal of 150 MW service agreement with EverPower Vestas seals 557 MW fleet-wide service deal in Australia with Infigen ESB awards Vestas four lifetime service contracts in Ireland	15 15 7-15	AOM5000 AOM5000 AOM4000	86 150 557 88
	Total announced service orders year-to-date (MW)			881

Announced service orders in 2016

Date	Title	Duration (years)	Details	MW
16.01.16 26.02.16 31.03.16 20.05.16 31.10.16	Vestas receives a 15-year service contract extension for 570 MW in the USA Vestas extends a long-term service contract with a Spanish wind developer for 268 MW Vestas wins large-scale customised service order in China UpWind Solutions signs service contract for 1.75 GW of GE 1.5 MW turbines Vestas renews 632 MW Service portfolio with C2C Power LP	15	AOM 5000 AOM 4000	570 268 600 1,750 632
	Total announced service orders year-to-date (MW)			3,820

Announced service orders 2015

Date	Title	Duration (years)	Details	MW
30.01.15 10.09.15 15.12.15	CA - Vestas receives a 10-year service contract extension for 429 MW in the USA NR - Vestas wins new U.S. service agreement featuring broad asset management responsibilities NR - Vestas signs first full scope lifetime service agreement in Poland	10 5 14	AOM 4000 AOM 5000 AOM 4000	429 102 146

	Total announced service orders year-to-date			677

NR = News Release
CA = Company Announcement

Announced service orders 2014

Date	Title	Duration (years)	Details	MW
12.02.2014	NR - Vestas secures 84 MW service agreement with an option for up to 150 MW in Romania	15	AOM 5000	84
17.02.2014	NR - Vestas receives 150 MW service renewal at Canadian wind power plant	7	AOM 5000	150
11.06.2014	NR - Vestas secures 10-year service renewal for 27 MW wind power plant in Canada	10	AOM 4000	27
29.10.2014	Vestas receives 15-year service contract in Maine	15	AOM 5000	132
31.10.2014	Vestas wins service renewal deal for three Canadian projects	7	AOM 5000	204
	Total announced service orders year-to-date			597

NR = News Release
CA = Company Announcement

Announced service orders 2013

Value of order backlog of service orders at 30 September 2013: EUR 6.1bn

Date	Title	Duration (years)	Details	MW
07.01.2013	NR - Vestas awarded service and maintenance contract for 121 wind turbines in Iowa, USA	3	AOM 2000	200
20.03.2013	NR - Vestas awarded five-year service contract extension at 63 MW wind power plant in Canada	5	AOM 5000	63
23.04.2013	CA - Vestas receives a 10-year service contract renewal for 120 MW offshore	10	AOM 5000	120
12.06.2013	NR - Vestas secures 309 MW service contract renewal in Wisconsin, USA	4	AOM 4000	309
04.07.2013	NR - Vestas secures service contract renewals for the entire Vestas installed GDF SUEZ fleet in Italy totalling 130 MW	10	AOM 5000	130
23.12.2013	NR - Vestas secures service contract extension covering wind power plants in Scotland totalling 120 MW	2	AOM 3000	120
	Total announced service orders in 2013			942

NR = News Release
CA = Company Announcement

Announced service orders 2012

Date	Title	Duration (years)	Details	MW
24.04.2012	NR-Vestas signs service agreement for 268 MW in Italy	15	-	268
26.04.2012	NR-Vestas secures service contract renewal in Australia	5	AOM 5000	368
25.06.2012	CA-Vestas secures its largest service contract renewal for 1,897 MW	7	AOM 4000	1,897
25.09.2012	CA-Vestas signs renewal for service contracts for 192 MW with FRI-EL Green Power in Italy	15	AOM 5000	192
15.10.2012	CA-Vestas secures 533 MW of service contract renewals at eight Canadian wind power plants	10	AOM 4000	533
	Total announced service renewals in 2012			3,258

NR = News Release
CA = Company announement

Rules of disclosure

As a listed company on Nasdaq Copenhagen, Vestas is obliged to ensure that everyone has equal access to essential information on Vestas that may significantly affect the price of the Vestas share. Information is provided through company announcements, e.g.:

Financial reports
Announcements of firm and unconditional wind turbine orders with a total capacity of 500 MW or more
Announcements of firm an unconditional service orders with a value of EUR 500m or more
Announcements of market penetrations
Announcements of establishment of new production facilities
Incentive schemes
Major shareholder announcements

Share-sensitive information must be published quickly and, wherever possible, at the same time throughout the EU and EEA.

Information on other essential issues that is not subject to the rules governing Danish listed companies will be provided through news releases.

Distribution

In order to ensure that Vestas Wind Systems A/S fulfills its stated obligations, we have entered into an agreement to distribute all company announcements, press releases, and financial reports from Vestas Wind Systems A/S via the distribution service GlobeNewswire.

Press releases and other news from Vestas Wind Systems A/S and the local business units are available on the Media page under News.

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Firm and unconditional orders

Announcements of firm and unconditional wind turbine orders with a capacity of 500 MW or more. In this context, firm and unconditional orders are construed as:

all ”conditions precedent” (CPs) must have been met, including the condition that Vestas is under an obligation to deliver the goods, and that the customer has an obligation to accept the goods and to ensure that financing is in place,
prepayment has been received and
any other conditions concerning the project have been met.

Announcements

Current Share Price

Vestas - Transactions in connection with share buy-back programme, week 46 2018

Announced wind turbine orders

Wind turbine orders announced in 2018

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Orders announced in 2017

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Orders announced in 2016

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Orders announced 2015

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Orders announced 2014

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Orders announced 2013

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Orders announced 2012

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Orders announced 2011

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Orders announced 2010

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Orders announced 2009

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Announced service orders

Announced service orders 2018

Announced service orders in 2017

Announced service orders in 2016

Announced service orders 2015

Announced service orders 2014

Announced service orders 2013

Announced service orders 2012

Date

Title

Duration (years)

Details

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Firm and unconditional orders

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(years)