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Vestas Wind Systems A/S

VWS.CO

Latest Trade

234.00DKK

Change

-12.40(-5.03%)

Volume

2,409,755

Today's Range

234.00

 - 

248.60

52 Week Range

159.88

 - 

321.00

As of on the Copenhagen Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
246.40
Open
246.60
Volume
2,409,755
3M AVG Volume
57.85
Today's High
248.60
Today's Low
234.00
52 Week High
321.00
52 Week Low
159.88
Shares Out (MIL)
1,004.37
Market Cap (MIL)
236,308.90
Forward P/E
40.07
Dividend (Yield %)
0.72

Next Event

Q2 2021 Vestas Wind Systems A/S Earnings Release

Latest Developments

More

Vestas Pre-Selected For Project In Germany

Vestas Wins 192 MW Order In Finland

Vestas Secures 113 MW Wind Order In Japan

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About Vestas Wind Systems A/S

Vestas Wind Systems A/S is a Denmark-based company active within the wind power industry. The Company operates through two segments, Project and Service. The Project segment is responsible for sale of wind power plants and wind turbines, among others. The Service segment contains provision of services related to the Company's offer, as well as sale of spare parts and other activities. Vestas Wind System's product line comprises 2 Megawatt (MW) and 3MW energy capture platforms equipped with ice, smoke and shadow detection systems. Its services range consists of data-driven consultancy services, fleet optimization, blade maintenance and inspection, power generator repairs and gearbox exchange, among others.

Industry

Misc. Capital Goods

Contact Info

Hedeager 42, Aarhus N

8200

Denmark

+45.null.97300000

https://www.vestas.dk

Executive Leadership

Bert Nordberg

Independent Chairman of the Board

Henrik M. Andersen

President, Chief Executive Officer

Lars Josefsson

Independent Deputy Chairman of the Board

Marika Fredriksson

Chief Financial Officer, Executive Vice President

Tommy Rahbek Nielsen

Chief Operating Officer, Interim Executive Vice President of Manufacturing & Global Procurement

Key Stats

2.60 mean rating - 25 analysts
Sell
Hold
Buy
Revenue (MM, EUR)

2018

10.1K

2019

12.1K

2020

14.8K

2021(E)

16.5K
EPS (EUR)

2018

0.678

2019

0.710

2020

0.778

2021(E)

0.786
Price To Earnings (TTM)
39.81
Price To Sales (TTM)
2.19
Price To Book (MRQ)
6.83
Price To Cash Flow (TTM)
21.48
Total Debt To Equity (MRQ)
31.25
LT Debt To Equity (MRQ)
26.44
Return on Investment (TTM)
12.90
Return on Equity (TTM)
4.67

Latest News

Latest News

Vestas' giant turbine picked for Germany's first subsidy-free offshore wind farm

Vestas said on Friday that EnBW had picked its new turbine, which will be the world's biggest, as the preferred option for the 900 MW He Dreiht project in the German North Sea, which will be operated without subsidies.

End of wind power waste? Vestas unveils blade recycling technology

Wind turbine maker Vestas unveiled new technology on Monday which it says enables wind turbine blades to be fully recycled, avoiding the dumping of old blades.

Vestas to cut 450 U.S. jobs on lower short-term demand

Vestas said on Wednesday it would reduce its production capacity in United States, which entails cutting 450 positions in three factories across Colorado, as the company cited lower near-term demand.

Vestas thinks big to propel offshore wind business

Vestas aims to dominate the offshore wind market with the launch of its giant 15 megawatt (MW) turbine and will focus on integrating its recently acquired offshore wind business, it said after posting mixed fourth-quarter results on Wednesday.

Vestas launches 15 MW offshore wind turbine, company's largest

Wind turbine maker Vestas has developed a new 15 megawatt (MW) offshore wind turbine, its biggest yet, the company said on Wednesday ahead of releasing fourth quarter results.

Wind turbine maker Vestas to cut 220 jobs in Denmark and UK

Wind turbine maker Vestas will lay off 220 employees, primarily in Denmark and the UK, as part of the integration of onshore and offshore operations, the company said on Thursday.

Vestas shares plummet on order intake and U.S. uncertainty

Shares in wind turbine maker Vestas <VWS.CO> fell as much as 12% on Wednesday despite better than expected third-quarter operating profit, with sentiment hit by the company's order intake and uncertainty over the U.S. presidential election.

Vestas shares breeze to record high after wind turbine maker restores full-year guidance

Shares in the world's largest wind turbine maker, Vestas <VWS.CO>, hit a record high after the company reintroduced full year revenue guidance on Tuesday following a surge in second quarter sales.

BRIEF-Windlab Says Court Approves Scheme To Effect Acquisition Of Co By Wind Acquisition 2

* SUPREME COURT APPROVES SCHEME OF ARRANGEMENT TO EFFECT ACQUISITION OF WINDLAB BY WIND ACQUISITION 2 Source text for Eikon: Further company coverage:

Turbine maker Vestas posts operating loss, hit by higher costs

Leading wind turbine maker Vestas <VWS.CO> posted an unexpected first-quarter operating loss despite strong sales and a healthy order book, weighed down by project delays as well as higher costs that were partly down to the COVID-19 pandemic.

BRIEF-Vestas CFO Says Extra Costs Related To Coronavirus Amounted To 10 Mln Euros In Q1

* CFO SAYS HAD A FEW DELAYED PROJECTS IN THE FIRST QUARTER WHICH TRIGGERED SOME EXTRA COSTS

Vestas lays off 400, halts some R&D projects

Vestas <VWS.CO> said on Monday it will lay off around 400 employees and halt certain research and development projects with immediate effect as a result the economic impact of the new coronavirus outbreak.

UPDATE 1-Wind turbine maker Vestas suspends 2020 outlook amid coronavirus

Vestas, the world's largest maker of wind turbines, suspended its 2020 outlook on Tuesday as measures to curb the spread of the coronavirus disrupted its manufacturing, supply chain and installations at wind parks.

BRIEF-Vestas Suspends Guidance For 2020

* PRELIMINARY NUMBERS INDICATE THAT RESULTS FOR Q1 ARE IN LINE WITH EXPECTATIONS

Wind turbine maker Vestas suspends 2020 outlook amid coronavirus

Vestas, the world's largest maker of wind turbines, suspended its 2020 outlook on Tuesday as measures to curb the spread of the coronavirus disrupted its manufacturing, supply chain and installations.

UPDATE 2-Wind turbine firms close Spanish factories as coronavirus restrictions tighten

* Siemens Gamesa has closed eight plants in Spain (Recasts with Vestas, Siemens Gamesa, context)

BRIEF-Vestas Has Suspended Wind Turbine Manufacturing And Construction In Spain and India

* SAYS IT HAS SUSPENDED PRODUCTION IN SPAIN DUE TO CORONAVIRUS-RELATED SHUTDOWN

Wind turbine maker Vestas sees 2020 sales rising after busiest year ever

Vestas, in the midst of its busiest period on record, said on Wednesday sales would continue to rise this year driven by healthy demand for its wind turbines.

Wind turbine maker Vestas benefits from climate change action, sees orders jump

Wind turbine maker Vestas' <VWS.CO> sales, orders and profit surpassed analysts expectations in the third quarter as the Danish firm enjoys one of its busiest periods on record, lifting its shares nearly 11 percent on Thursday.

Wind turbine maker Vestas cuts 600 staff in Denmark and Germany

Wind turbine maker Vestas <VWS.CO> said on Friday it would lay off 590 people at blade factories in Germany and Denmark to rein in costs and cope with a squeeze on prices as state subsidies fall.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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