Aug 21, 2012 - Danish wind turbine maker Vestas Wind Systems A/S (CPH:VWS) said Monday that US investment management firm BlackRock Inc (NYSE:BLK) had lifted its stake in the company to 5.04%.
Now the US firm owns 10.26 million shares in Vestas.
The Danish company is to publish its first-half financial results tomorrow. At the end of July it said that preliminary revenues for the second quarter of 2012 had jumped by 46% year-on-year to EUR 1.61 billion (USD 2bn). Vestas posted earnings before interest and tax (EBIT) and after special items of EUR 18 million, compared with a negative result of EUR 245 million a year before.