Henrik Andersen | President & Chief Executive Officer |
Marika Fredriksson | Chief Financial Officer |
Kristian Johansen | Danske Bank |
Arsalan Obaidullah | Deutsche Bank |
Dan Togo | Carnegie |
Supriya Subramanian | UBS |
Akash Gupta | JPMorgan |
Casper Blom | ABG Sundal Collier |
Martin Wilkie | Citi |
Deepa Venkateswaran | Bernstein |
Ajay Patel | Goldman Sachs |
Rajesh Singla | Societe Generale |
Claus Almer | Nordea |
Sean McLoughlin | HSBC |
Sebastian Growe | Commerzbank |
Mark Freshney | Credit Suisse |
Good morning, and welcome to our Release and Presentation of our Vestas Q2 Results for 2021. Warm welcome to everyone and let's go to the key highlights of the quarter immediately.
So first of all, we had a strong order intake and we also released a first preferred supplier agreement on our 15-megawatt offshore platform. That ended in a total order intake of 5.3 gigawatts with both onshore and offshore contributing to that number. Revenue was €3.5 billion, impacted by lower offshore activity and also to some extent the continued supply chain constraints which we have seen in Q2.