Preliminary Q4 2022 Vestas Wind Systems A/S Earnings Call Transcript
Welcome to the Vestas conference call. (Operator Instructions) Just to remind you, this conference call is being recorded. (Operator Instructions) I'll now hand the floor to our host, Henrik Andersen, CEO; and Hans Martin Smith, CFO. Please begin your meeting.
/-&
Thank you, and good morning, and welcome to this extraordinary conference call around our 2022 numbers and also the outlook for 2023. As you've seen this morning, we announced preliminary results and unaudited numbers for 2022. And of course, in that sense, we came out early morning and take you through sort of the headings of that.
So turnover came just at EUR 14.5 billion, lower part of the range of EUR 14.5 billion to EUR 15.5 billion. Service business came in strong, close to EUR 3.2 billion, which meant that it was growing 27% versus our outlook of approximately minimum 20%. And again, there, a positive development in Service also throughout Q4.
On the EBIT side,
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |