Copenhagen, Aug 13, 2025 (AFP) - Wind turbine giant Vestas maintains earnings outlook despite tariffs

NAMPA / AFP

2025-08-13

Danish wind turbine maker Vestas kept its 2025 revenue forecast intact despite uncertainty over the impact of US tariffs and President Donald Trump's opposition to the sector. The group posted a net profit of 34 million euros ($40 million) in the second quarter following a loss of 156 million euros in the same period last year. Its revenue rose 14 percent to 3.7 billion euros, but orders fell 44 percent in the April-to-June period. "The decrease......

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