Vestas has upgraded its expectations for free cash flow in 2016 by up to 60%, compared with its previous estimates.
The Danish manufacturer said it now expects 2016 free cash flow to be between €1.5bn and €1.6bn, up from a minimum expectation previously of €1bn.
The company said the improvement is “primarily driven by a strong order intake”.
It added that the figures also take into account the acquisition of Availon Holding.
Image: Vestas
