Vestas announces strong Q2 2026 financial results and a new EUR 400m share buyback program
Revenue grew 26% to EUR 4.7bn, driven by Power Solutions growth, while order intake increased 67%. EBIT margin improved significantly.
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Wind energy solutions provider and turbine manufacturer
vestas.comLast updated
In short: Vestas posted strong Q2 results, raised 2026 outlook, launched the V182-7.2 MW turbine, and hit offshore milestones.
Revenue grew 26% to EUR 4.7bn, driven by Power Solutions growth, while order intake increased 67%. EBIT margin improved significantly.
The wind farm currently generates 1.1 GW and will reach 1.33 GW capacity once completed.
Baltic Power produced first electricity with partners ORLEN and Northland Power, and Polish PM Donald Tusk.
The project used 242 V163-4.5 MW turbines, totaling nearly 1 GW, and spurred $40M investment in Colorado factories.
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Extent and cost of repair works needed raise new questions around the viability of floating wind, seen as a key renewables technology in years to...
Vestas on Wednesday after the market close presented three additional German orders totaling 101 MW. The three orders are part of the order intake for the third...
Vestas largely missed analysts' expectations for order intake in the third quarter. The explanation seems to lie primarily in an American market where customers are waiting for a...
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