A conditional order, which was however for a total of 1.1 GW, and four firm orders with a total output of 144 MW. That was what Vestas was able to present on Monday, which was the last day of the third quarter. However, that order intake seems to have disappointed investors.
In any case, the Vestas share was sold well on Tuesday, ending 4.6 percent lower at DKK 141. It was the ninth day in a row with a decline in the share, which is now down to its lowest level since October last year.
- Vestas usually has a strong quarter end in relation to order intake, but it was not as strong as the market had expected, says Martin Munk.
Like most other shares, the Vestas share received additional downward pressure in the afternoon due to concerns about the situation in the Middle East.
amp/ritzau
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