Vestas Wind Systems A/S

I have been a Vestas shareholder for years and I am worried that the “good years” have been wasted on profitability issues and now the “bad years” are starting, with interest rates high and investment decisions failing to materialize. For example, not a single wind turbine investment decision has been made this year—the reason being, of course, the government’s messing around with the investment environment, but also market saturation. Fortunately, many markets are doing well.

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