Stock Groups

Wind turbine maker Vestas cuts margin outlook due to Ukraine war -Breaking

[ad_1]

© Reuters. Vestas Wind Tech company’s factory is home to blades for wind turbines. The factory is in Tianjin in northern China. REUTERS/David Gray/Files

COPENHAGEN, (Reuters) – Vestas, the world’s biggest wind turbine manufacturer, has lowered its outlook on operating profit margin for this year because of the conflict in Ukraine. It also announced a deeper than expected operating loss for the quarter.

[ad_2]