Log in or start a trial to access this article

The component-focused cost-reduction strategy brought in after Vestas suffered "above-target" development costs on its V112 and 2MW turbine platforms has boosted earnings by more than €30m ($38.4m) in the first year.

Wind group Vestas' cost-cutting strategy is on the right track

The component-focused cost-reduction strategy brought in after Vestas suffered "above-target" development costs on its V112 and 2MW turbine platforms has boosted earnings by more than €30m ($38.4m) in the first year.

The component-focused cost-reduction strategy brought in after Vestas suffered "above-target" development costs on its V112 and 2MW turbine platforms has boosted earnings by more than €30m ($38.4m) in the first year.