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MarketsDünyaTurkish, translatedFiled 3 days ago

Orders declined at the wind turbine giant: Profit growth fell short of expectations

Original headlineRüzgâr türbini devinde siparişler geriledi: Kâr artışı beklentiyi karşılamadı

Open the sourceReported by Dünya, dunya.com, 11 November 2026

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Vestas reported a 27% year-on-year decline in third-quarter orders, with net profit rising to €323 million but falling short of market expectations. The wind turbine maker narrowed its 2026 guidance ranges despite maintaining a €77.9 billion order backlog. The order drop at one of the industry's largest manufacturers signals softening demand momentum in the wind sector even as profitability improves. Investors will watch whether the narrowed 2026 outlook and backlog conversion can offset the weaker order intake in coming quarters.

Muhabbit's AI wrote this summary in its own words from Dünya's report and translated it from Turkish. It can get details wrong, so check the source.

Named in this story

Vestas