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Vestas: Revenue, EBIT and free cash flow above expectations and issue of new shares

Aarhus, Denmark - 2013 marked the final year of Vestas

Vestas has delivered on the main focus areas over the turnaround period; annualised fixed capacity costs have been lowered by EUR 484m compared to the fourth quarter of 2011, net investments have been lowered by more than EUR 500m to EUR 239m since 2011 and working capital has been lowered to EUR (596)m

Source: IWR Online, Feb 02 2014