Revenue rose and net loss narrowed at MHI Vestas in the 2017/18 fiscal year that ended on March 31 as the Japanese-Danish offshore wind OEM expects recent preferred supplier agreements in the UK and Taiwan will become firm and lay the foundation for strong and sustainable growth.
Revenue rose to €942.16m ($1.11bn) in the 2017/18 fiscal year, from €531.24m in the 2016/17 fiscal year, while earnings before taxes, depreciation and amortisation (Ebitda) narrowed to a loss of €7.78m
