Vestas Wind Systems AS 2004 AR2
The report highlights Vestas' performance and strategic developments for the fiscal year 2004, a year marked by the major combination with NEG Micon, which positioned the company as a global leader in wind power with a 35 percent market share. Despite a stagnating global market and operational challenges that led to a negative EBIT of 9 million EUR, Vestas successfully increased its deliveries to 2,784 MW. The report details the company's focus on safety, following two tragic workplace fatalities, and outlines its environmental performance, including a life cycle assessment of the V90-3.0 MW wind turbine. Additionally, Vestas announced plans to establish local production facilities in China and North America to improve competitiveness.
Company: Vestas Wind Systems AS
Sector: Industrials
Country: Denmark
Year: 2004
Type: AR2
Pages: 110
Vestas Wind Systems AS
Annual Report
The report highlights Vestas' performance and strategic developments for the fiscal year 2004, a year marked by the major combination with NEG Micon, which positioned the company as a global leader in wind power with a 35 percent market share. Despite a stagnating global market and operational challenges that led to a negative EBIT of 9 million EUR, Vestas successfully increased its deliveries to 2,784 MW. The report details the company's focus on safety, following two tragic workplace fatalities, and outlines its environmental performance, including a life cycle assessment of the V90-3.0 MW wind turbine. Additionally, Vestas announced plans to establish local production facilities in China and North America to improve competitiveness.
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Document Details
Report Year
2004
Reporting Period
Jan 1, 2004 - Dec 31, 2004
Fiscal Year
2004
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Workplace Fatalities
Employees