TPIC - Vestas - 3Q19 Beat And Reiterate - Strong Tailwind Into 2020
This is a Z4 Research post quarter note.
We have previously written on Vestas at Zman's Energy Brain ~ oil, gas, stocks, etc.... Some of the material there can also be accessed on our Seeking Alpha blog site. To see our Vestas backgrounder piece from last January please click here. For additional wind related background material please also see our TPI Composites piece here.
Key Items Regarding the 3Q19 Results & Outlook:
Volumes Hit Record Levels .... Volumes were driven by strength in all regions due to "unprecedented high activity levels" with produced