Q4 2023 Vestas Wind Systems A/S Earnings Call Transcript
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Good morning, and welcome to this presentation of Vestas' full year for 2023. And before I go into the details, let me by start saying a huge and a heartfelt thank you to all of our stakeholders out there, shareholders for your support and patience, customers for your partnerships throughout the last years, the supply chain for the continued working, so committed with the Vestas and the Vestas team around and last but not least, our passionate colleagues across the world. Without you, it would not have been possible to return back in black in this scope of 2023. And with that, let me go quickly to the highlights of our full year.
So we returned to profitability and achieved the upper end of our guidance after the Q3 and Q4. EBIT margin ended at 1.5% that enables Vestas to pay our employee bonus for the first time in the last 4 years and for sure, deserved and long awaited. We had a record order intake of 18.4 gigawatts for the year. The order intake driven by strong growth in both
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