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Reported by Vestas on 9 January 2019

Vestas upgrades free cash flow expectations for 2018 to approx. EUR 400m

V117-3.0 MW, Rødby Fjord, Denmark (Courtesy of Vestas Wind Systems A/S)

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.

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

Attachment

References

[1]

Vestas Wind Systems A/S. Press release - Vestas upgrades free cash flow expectations for 2018 to approx. EUR 400m. URL: https://www.vestas.com/en/media/company-news?n=1868362. [Date Accessed: 09/01/2019].

[2]

Vestas Wind Systems A/S. Images. https://www.vestas.com/en/media/images. [Date Accessed: 21/02/2017].

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