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Vestas revises 2010 forecast

In connection with a change in its accounting policies, Vestas has revised its forecast for 2010 to revenues of €6.8 billion.

The EBIT margin is forecast to reach around 7% before one-off costs of €140-160 million for previously announced close-downs and lay-offs.

For 2011, revenue and earnings are expected at the same level as 2010 before the above-mentioned one-off costs, Vestas says.

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