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Vestas Wind Systems A/S

VWS.DE

Latest Trade

158.72EUR

Change

-1.60(-1.00%)

Volume

17,435

Today's Range

157.64

 - 

162.54

52 Week Range

74.88

 - 

215.90

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

Pricing

Previous Close
160.32
Open
161.06
Volume
17,435
3M AVG Volume
16.47
Today's High
162.54
Today's Low
157.64
52 Week High
215.90
52 Week Low
74.88
Shares Out (MIL)
200.87
Market Cap (MIL)
242,674.10
Forward P/E
37.64
Dividend (Yield %)
0.70

Next Event

Vestas Wind Systems A/S Split For VWS.CO - Ratio 5-1

Latest Developments

More

Vestas Gets 77 MW Order From MidAmerican Energy In USA

Vestas Receives 55 MW Order In The U.S.

Vestas Wins 66 MW Enventus Order In Turkey

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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.com/

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

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

2018

10.1K

2019

12.1K

2020

14.8K

2021(E)

16.6K
EPS (EUR)

2018

3.390

2019

3.550

2020

3.890

2021(E)

4.289
Price To Earnings (TTM)
41.68
Price To Sales (TTM)
2.20
Price To Book (MRQ)
6.97
Price To Cash Flow (TTM)
23.30
Total Debt To Equity (MRQ)
29.09
LT Debt To Equity (MRQ)
18.63
Return on Investment (TTM)
13.06
Return on Equity (TTM)
4.75

Latest News

Latest News

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.

IKEA buys 80% stake in Romanian wind farms from Vestas

Ingka Group, which owns most IKEA stores, said on Friday it would buy an 80% stake in seven Romanian wind farms from wind turbine maker Vestas <VWS.CO> for 136 million euros ($151 million).

UPDATE 2-Wind turbine maker Vestas focuses on bulging order book after profit slide

* Shares down nearly 4% (Recasts, adds CEO quotes, share price)

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

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