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This is a Z4 Research mid quarter update. We have written about Vestas (VWDRY) a number of times on Seeking Alpha. So for more details on their operations, please search the site. Our original piece for Seeking Alpha can be viewed here and our most recent piece: Vestas: Temporary Doldrums, Underlying Wind Industry Demand Remains Strong.
2Q20 Order Pace Was Solid. VWDRY announced a flurry of 10 wins to close the quarter at 3.076 GW announced orders. As usual, we expect a further significant but as of yet unannounced amount of orders to be added