Vestas upgrades free cash flow expectations for 20
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Posted On: 01/06/2017 7:00:20 AM
Vestas upgrades free cash flow expectations for 2016 to EUR 1,500m-1,600m
Aarhus, Denmark, 2017-01-06 12:51 CET (GLOBE NEWSWIRE) --
Based on preliminary reporting, Vestas upgrades the expectations for the 2016 free cash flow (incl. the acquisition of Availon Holding GmbH and excl. investments in marketable securities) to EUR 1,500m-1,600m compared to the previous expectation of minimum EUR 1,000m. The improvement is primarily driven by a strong order intake.
As earlier announced, the annual report for 2016 will be disclosed on 8 February 2017.
Contact details Vestas Wind Systems A/S, Denmark Hans Martin Smith, Senior Vice President, Group Treasury and Investor Relations Tel: +45 9730 8209
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