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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
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.
Misc. Capital Goods
Hedeager 42, Aarhus N
Independent Chairman of the Board
Henrik M. Andersen
President, Chief Executive Officer
Independent Deputy Chairman of the Board
Chief Financial Officer, Executive Vice President
Tommy Rahbek Nielsen
Chief Operating Officer, Interim Executive Vice President of Manufacturing & Global Procurement
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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 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.
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 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.
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.
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.
* SUPREME COURT APPROVES SCHEME OF ARRANGEMENT TO EFFECT ACQUISITION OF WINDLAB BY WIND ACQUISITION 2 Source text for Eikon: Further company coverage:
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.
* CFO SAYS HAD A FEW DELAYED PROJECTS IN THE FIRST QUARTER WHICH TRIGGERED SOME EXTRA COSTS
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.
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.
* PRELIMINARY NUMBERS INDICATE THAT RESULTS FOR Q1 ARE IN LINE WITH EXPECTATIONS
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.
* Siemens Gamesa has closed eight plants in Spain (Recasts with Vestas, Siemens Gamesa, context)
* SAYS IT HAS SUSPENDED PRODUCTION IN SPAIN DUE TO CORONAVIRUS-RELATED SHUTDOWN
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' <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 <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.
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).
* 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.