Vestas Wind Systems — Earnings Release 2018

Jan 9, 2019

Vestas upgrades free cash flow expectations for 2018 to approx. EUR 400m

Vestas upgrades free cash flow expectations for 2018 to approx. EUR 400m

Vestas Wind Systems A/S, Aarhus, 9 January 2019

Company announcement No. 01/2019

Based on preliminary reporting, Vestas upgrades the expectations for the 2018 free cash flow (excl. the acquisition of Utopus Insights, Inc., any investments in marketable securities, and short-term financial investments) to approx. EUR 400m compared to the previous expectation of minimum EUR 100m. The improvement is primarily driven by a strong order intake.

As announced earlier, the annual report for 2018 will be disclosed on 7 February 2019.

Contact details

Vestas Wind Systems A/S, Denmark

Patrik Setterberg, Vice President Investor Relations

Tel: +45 6122 1913

Attachment

• 190109_01_Company_Announcement