Vestas Wind Systems CEO on Share Price, His Successor, Trade Tensions

Vestas Wind Systems CEO on Share Price, His Successor, Trade Tensions

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Business

University

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The CEO discusses the company's long-term share performance, highlighting record order intake and market share growth. He expresses confidence in his successor, who is familiar with the company's strategy. The impact of trade tensions, particularly tariffs, on the business is acknowledged, affecting margins due to raw material costs. Despite competition from solar energy, the CEO remains optimistic about wind energy's competitiveness and market potential, emphasizing the need for hybrid solutions combining wind and solar power.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does the CEO believe the company can maintain its competitiveness in the market?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential market dynamics mentioned regarding renewable energy sources?

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