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Vestas Wind Systems A/S (VWS.CO)

VWS.CO on Copenhagen Stock Exchange

553.40DKK
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Latest Key Developments (Source: Significant Developments)

Vestas Wins 44 MW Order In China
Wednesday, 22 May 2019 05:47am EDT 

May 22 (Reuters) - Vestas Wind Systems A/S ::SECURES 44 MW ORDER FOR V120-2.2 MW TURBINES WITH TALL TOWER SOLUTION.SAYS DELIVERY AND COMMISSIONING ARE EXPECTED TO BEGIN IN Q2 OF 2019.SAYS VESTAS HAS SECURED A 44 MW ORDER FOR 20 V120-2.2 MW TURBINES FOR AN UNDISCLOSED WIND PROJECT IN CHINA.  Full Article

Vestas Secures 459 MW Order From Pacificorp
Friday, 10 May 2019 04:17am EDT 

May 10 (Reuters) - Vestas Wind Systems A/S ::SECURES 459 MW ORDER FROM PACIFICORP.SAYS VESTAS HAS RECEIVED AN ORDER FOR 459 MW OF V136-4.2 MW TURBINES OPERATING IN 4.3 MW POWER OPTIMISED MODE FROM PACIFICORP, A SUBSIDIARY OF BERKSHIRE HATHAWAY ENERGY, FOR TWO WIND PROJECTS.SAYS TURBINE DELIVERY WILL BEGIN IN Q2 OF 2020, WITH COMMISSIONING SCHEDULED FOR Q4 OF 2020.SAYS THE ORDER INCLUDES SUPPLY AND COMMISSIONING OF TURBINES AS WELL AS A 12-YEAR SERVICE AGREEMENT.  Full Article

Vestas Says Secures Order For 420 MW Of V120-2.2 MW Turbines In U.S.
Thursday, 9 May 2019 11:58am EDT 

May 9 (Reuters) - Vestas Wind Systems A/S ::VESTAS SECURES ORDER FOR 420 MW OF V120-2.2 MW TURBINES IN USA.DELIVERIES ARE EXPECTED IN Q2 OF 2020, WITH COMMISSIONING EXPECTED IN Q4 OF 2020.ORDER FOR 420 MW OF V120-2.2 MW TURBINES FOR PROJECT IN USA INCLUDES SUPPLY AND COMMISSIONING OF TURBINES.  Full Article

Vestas CFO Says Soft Q1 Profit Was Expected
Wednesday, 8 May 2019 03:26am EDT 

May 8 (Reuters) - Vestas Wind Systems A/S ::VESTAS CFO SAYS SOFT Q1 PROFIT WAS AS ANTICIPATED.VESTAS CFO SAYS MOST OF THE LOW-MARGIN WIND TURBINE ORDERS WERE EXECUTED IN Q1.VESTAS CFO SAYS U.S. TRADE TARIFFS IMPACTED GROSS MARGIN BY AROUND 25 MILLION EUROS IN Q1.VESTAS CFO SAYS THE DEMAND FOR WIND TURBINES IS VERY HIGH, ESPECIALLY IN THE US.  Full Article

Vestas Q1 EBIT Misses Forecast; Keeps Full-Year Guidance
Wednesday, 8 May 2019 02:02am EDT 

May 8 (Reuters) - Vestas Wind Systems A/S ::SAYS VESTAS MAINTAINS ITS 2019 GUIDANCE ON REVENUE OF EUR 10.75BN-12.25BN, EBIT MARGIN BEFORE SPECIAL ITEMS OF 8-10 PERCENT, AND TOTAL INVESTMENTS* OF APPROX. EUR 700M.Q1 REVENUE 1,730 MILLION EUROS VERSUS 1,748 MILLION EUROS FORECAST IN REUTERS POLL.Q1 EBIT BEFORE SPECIAL ITEMS DECREASED BY EUR 83M TO EUR 43M.CEO SAYS STRONG GLOBAL DEMAND FOR WIND ENERGY CONTINUED IN Q1 OF 2019 WITH VESTAS GROWING ITS ORDER INTAKE WITH 84 PERCENT TO 3 GW AND REACHING AN ALL-TIME HIGH ORDER BACKLOG OF EUR 28 BN.Q1 ORDER INTAKE 3,004 MW VERSUS 2,803 MW FORECAST IN REUTERS POLL.CEO SAYS WHILE UNDERLYING PRICES REMAIN FAIRLY STABLE AND OUR SERVICE BUSINESS CONTINUES TO GROW IN BOTH REVENUE AND PROFIT, OUR RESULTS WERE AS EXPECTED NEGATIVELY IMPACTED BY ORDERS RECEIVED DURING PRICE DECLINE IN 2017.CEO SAYS EXTERNAL FACTORS SUCH AS TARIFFS AND RAW MATERIAL PRICES INCREASED COST AS PROJECTED IN QUARTER.Q1 EBIT 43 MILLION EUROS VERSUS 102 MILLION EUROS FORECAST IN REUTERS POLL.CEO SAYS WITH ACTIVITY LEVELS PLANNED TO BE SIGNIFICANTLY HIGHER IN SECOND HALF OF 2019, WE LEVERAGE OUR MARKET-LEADING POSITION TO RAMP UP FOR EXECUTING AN EXTRAORDINARILY BUSY 2019.SAYS EBIT MARGIN AT 2.5 PERCENT IMPACTED BY COMPETITIVE MARKETS, TARIFFS, AND BACK-END LOADED ACTIVITY LEVEL.: Q1 SERVICE REVENUE GROWTH OF 16 PERCENT, AND EBIT MARGIN OF 26.4 PERCENT.SAYS EBIT MARGIN AT 2.5 PERCENT IMPACTED BY COMPETITIVE MARKETS, TARIFFS, AND BACK-END LOADED ACTIVITY LEVEL.  Full Article

Vestas Says Co Has Share Capital Of Nominally DKK 198.9 Mln As At May 7, 2019
Tuesday, 7 May 2019 12:00pm EDT 

May 7 (Reuters) - Vestas Wind Systems A/S ::REG-VESTAS - DISCLOSURE REQUIREMENT REGARDING SHARE CAPITAL AND NUMBER OF VOTES AS PER 7 MAY 2019.COMPLETED CAPITAL REDUCTION OF NOMINALLY DKK 6,794,040 REPRESENTING 6,794,040 SHARES OF NOMINALLY DKK 1 EACH.AS AT 7 MAY 2019, VESTAS WIND SYSTEMS A/S HAS A SHARE CAPITAL OF NOMINALLY DKK 198.9 MILLION.  Full Article

Vestas Gets A 71 MW Order From Valorem
Friday, 3 May 2019 10:19am EDT 

May 3 (Reuters) - Vestas Wind Systems A/S ::DEVELOPS CUSTOMISED SOLUTIONS FEATURING V150-4.2 MW TURBINES TO SECURE TWO PROJECTS IN FINLAND.RECEIVED A 71 MW ORDER FROM VALOREM, A PLAYER IN FRENCH WIND ENERGY MARKET.DELIVERIES ARE EXPECTED TO BEGIN IN Q2 OF 2020, WHILE COMMISSIONING IS PLANNED FOR Q3 OF 2020.DELIVERIES ARE EXPECTED TO BEGIN IN Q2 OF 2020, WHILE COMMISSIONING IS PLANNED FOR Q3 OF 2020.ORDER FOR SAUNAMAA AND SUOLAKANGAS WIND PROJECTS LOCATED IN SOUTHERN FINLAND..  Full Article

Vestas Receives 224 MW Order In USA
Tuesday, 5 Mar 2019 07:43am EST 

March 5 (Reuters) - VESTAS WIND SYSTEMS A/S : :VESTAS HAS RECEIVED A 224 MW ORDER IN THE USA FOR V110-2.0 MW TURBINES.THE ORDER INCLUDES SUPPLY AND COMMISSIONING OF THE TURBINES AS WELL AS A TEN-YEAR ACTIVE OUTPUT MANAGEMENT 5000 (AOM 5000) SERVICE AGREEMENT.DELIVERIES ARE EXPECTED TO BEGIN IN Q3 OF 2019 WHILE COMMISSIONING IS PLANNED FOR Q4 OF 2019.  Full Article

Vestas Declines To Comment On Rumoured Takeover Of Suzlon, Says Open To Bolt-On Acquisitions
Friday, 22 Feb 2019 04:28am EST 

Feb 22 (Reuters) - Vestas Wind Systems A/S ::VESTAS DECLINES TO COMMENT ON MEDIA REPORT OF TALKS TO BUY STAKE IN SUZLON, BUT WILL OF COURSE COMPLY WITH APPLICABLE LAWS AND REGULATIONS, INCLUDING THE RELEASE OF COMPANY ANNOUNCEMENTS IF OR WHEN REQUIRED.VESTAS SAYS ITS STRATEGY IS BASED ON ORGANIC GROWTH AND AS WE HAVE SAID BEFORE ON SIMILAR SPECULATION, OUR INDUSTRY-LEADING POSITION MEANS WE ARE OPEN TO ADDITIONAL BOLT-ON OPPORTUNITIES.  Full Article

Danish Firm Vestas In Talks With Suzlon To Buy Controlling Stake - CNBC Tv18
Friday, 22 Feb 2019 04:22am EST 

Feb 22 (Reuters) - :DANISH FIRM VESTAS IN TALKS WITH SUZLON TO BUY CONTROLLING STAKE - CNBC TV18 CITING SOURCES.  Full Article

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Vestas takes aim at cheaper U.S. wind power with new turbine

COPENHAGEN Vestas on Tuesday launched a wind turbine targeting the U.S. market, aiming to simplify how they are built and cut costs further for the renewable energy source.