Post by Vestas

Out now: our financial report for the first quarter of 2026. Our business performance improved year-on-year during continued geopolitical uncertainty. See key highlights below. We had an order intake of 4.5 GW, with backlog reaching a new high of EUR 36.3bn, driven by strong momentum in Offshore and Onshore. Revenue was up 14% year-on-year, with an EBIT margin of 3.2%, resulting in the highest first-quarter profitability since 2018. Our CEO, Henrik Andersen, says: “We’re pleased to have delivered a solid first quarter of 2026 amidst another global energy crisis and intensified geopolitical uncertainty. We continue to improve execution in our Onshore and Offshore businesses, and momentum continues in our order intake. I want to thank our customers, partners, and colleagues for their continued engagement and support in building secure, affordable, and sustainable energy systems.” Read the press release: https://brnw.ch/21x2e7W Join our investor audiocast: https://brnw.ch/21x2e7X