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Wind Turbine Maker Vestas’ Revenue Surges 29% YoY in Q1 2020 Amid COVID-19

The revenue generation was influenced by order backlogs and service agreements

May 13, 2020

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Vestas Wind System, a wind turbine manufacturer, revealed that in the first quarter of 2020, the company generated a revenue of €2.235 billion (~$2.42 billion), showing a year-over-year increase of 29% compared to €1.73 billion (~$1.88 billion).

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