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Wind turbine maker Vestas posted a deep first-quarter loss and slashed its 2022 margin forecast due to the war in Ukraine and writedowns in its offshore business

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Tags: energy.renewable, denmark, business, vestas, margin forecasts, 2022 russian invasion of ukraine, turbines.wind, wind power.offshore, writedowns, source.reuters
https://www.reuters.com/article/vestas-wind-results/vestas-warns-ukraine-war-adds-to-strain-on-wind-industry-shares-plummet-idUSKCN2MO07U

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Title
Vestas warns Ukraine war adds to strain on wind industry, shares plummet
Authors
Reuters Staff
Published
May 2 2022
Word count
409 words