Vestas Wind Systems 2020 Full Year Earnings Results

Vestas Wind Systems reports full year 2020 financial results with 17+ GW deliveries and 34% growth compared to 2019, achieved amid COVID-19 challenges. The company achieved 5.1% EBIT margin before special items and 10% revenue growth in its service segment while reducing CO2 emissions by 33%. Strategic initiatives include acquiring full offshore wind control, expanding development activities, and securing a Baa1 credit rating from Moody's.