Danish wind turbine manufacturer, Vestas, has upgraded its free cash flow expectation to EUR 850 million. According to the company, the previous expectation of EUR 400-700 million was changed based on preliminary report. “The improvement is primarily driven by a better-than-expected development of t
Danish wind turbine manufacturer, Vestas, has upgraded its free cash flow expectation to EUR 850 million.
According to the company, the previous expectation of EUR 400-700 million was changed based on preliminary report.
“The improvement is primarily driven by a better-than-expected development of the net working capital,” the company stated.
The company will disclose the annual report for 2014 on 11 February 2015.
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