Vestas Q1 Adj EBIT EUR 14 Mln, Above Estimates

May 6 (Reuters) - Vestas Wind Systems A/S VWS.CO:

• Q1 REVENUE EUR 3,500 MILLION VERSUS. ESTIMATE EUR 3,013 MILLION

• Q1 ADJUSTED EBIT EUR 14 MILLION VERSUS LOSS EUR 29 MILLION SEEN IN COMPANY-COMPILED CONSENSUS

• Q1 ORDER INTAKE 3,135 MW VERSUS 3,157 MW SEEN IN COMPANY-COMPILED CONSENSUS

• FULL-YEAR GUIDANCE IS MAINTAINED

• OUTLOOK FY INVESTMENTS EUR 1,200 MILLION

• OUTLOOK FY REVENUE EUR 18,000-20,000 MILLION

• OUTLOOK FY EBIT MARGIN BEFORE SPECIAL ITEMS 4-7%

• Q1 ORDER INTAKE INCREASED MORE THAN 70 PERCENT TO EUR 3.9BN DUE TO STRONG MOMENTUM IN OFFSHORE AND EMEA ONSHORE

• IN SERVICE, WE CONTINUE TO PROGRESS ON OUR RECOVERY PLAN, WHICH WILL RUN UNTIL END OF 2026

• TARIFFS: MITIGATING ACTIONS EXPECTED TO LEAD TO HIGHER OFF-TAKE PRICES OF ELECTRICITY IN USA