Vestas upgrades free cash flow expectations for 2018 to approx. EUR 400m
Vestas Wind Systems A/S, Aarhus, 9 January 2019
Company announcement No. 01/2019
Based on preliminary reporting, Vestas upgrades the expectations for the 2018 free cash flow (excl. the acquisition of Utopus Insights, Inc., any investments in marketable securities, and short-term financial investments) to approx. EUR 400m compared to the previous expectation of minimum EUR 100m. The improvement is primarily driven by a strong order intake.
As announced earlier, the annual report for 2018 will be disclosed on 7 February 2019.
Vestas Wind Systems A/S, Denmark
Patrik Setterberg, Vice President Investor Relations
Tel: +45 6122 1913