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Vestas reports €1.6bn loss in 2022

Vestas has reported a €1.6bn operating loss in 2022 on revenue of €14.5bn because of high inflation, supply chain constraints and geopolitical uncertainty. The firm said it also raised the average price of its turbines by 29% year-on-year to €1.07m/MW in 2022.

February 9, 2023

Vestas has reported a €1.6bn operating loss in 2022 on revenue of €14.5bn because of high inflation, supply chain constraints and geopolitical uncertainty. The firm said it also raised the average price of its turbines by 29% year-on-year to €1.07m/MW in 2022. Read more

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