Vestas Wind books highest order intake since 2010

Vestas Wind Systems has booked the highest order intake in five years in 2015, and a recent five-year extension to a U.S. tax break looks set to increase demand in a market that accounts for around one third of its business, analysts said. “It will help to increase demand for wind turbines in the U.S. market as the uncertainty of the extension is removed,” Handelsbanken Markets wrote in a note to clients. “Vestas has the potential to increase order intake in other markets as a result of the climate deal,” Handelsbanken wrote.
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