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VestasInside - Page 3
A look into the future This issue of VestasInside is dedicated to the success of Triple15. All articles have been written to reflect how Vestas could look at the end of 2015, after Vestas has reached its Triple15 targets. Triple15: The hard work has paid off It has been a long haul, but the result for our Triple 15 target match the effort. Today, at the beginning of 2016, we can conclude that we have reached our Triple15 targets: an EBIT margin of 15 per cent and revenues of 15 billion euro by 2015. This is a great achievement that gives us every reason to celebrate. So, this edition of Inside, is a celebration of that success. We set the targets back in 2009 as a milestone for our strategy: No. 1 in Modern Energy. Since then, we have worked hard to improve in crucial areas: Safety has been improved significantly, so that we are now closing in of our target of zero accidents. We have also increased customer satisfaction - a prerequisite for winning key markets. Our technological advances means that we deliver the industry’s best solutions to our customers - and by using systems such as Six Sigma, the quality of our products is higher than ever before, in 2015 reaching 6 Sigma. And finally, we have made significant improvements to our organization and the way we work, so that today we are a much more efficient companythan in 2010. 2009 and 2010 proved to be a challenging start towards reaching Triple15. Nevertheless, we can conclude that we have fulfilled our vision: Wind, Oil and Gas. Today, wind energy is an energy resource on a par with fossil fuels. You can read about our new vision in the next edition of VestasInside. Until then, enjoy your success in achieving these great results. Thank you everyone for your hard work. Without it, Triple15 would not have become reality – and wind power would not be an integral part of the world’s electricity supply. Very best regards Ditlev Engel President and CEO VestasInside 3