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Vestas Wind Systems A/S (VWS.CO)

VWS.CO on Copenhagen Stock Exchange

569.00DKK
14 Jun 2019
Change (% chg)

kr.1.40 (+0.25%)
Prev Close
kr.567.60
Open
kr.566.60
Day's High
kr.570.80
Day's Low
kr.565.00
Volume
545,138
Avg. Vol
623,083
52-wk High
kr.615.80
52-wk Low
kr.380.00

Latest Key Developments (Source: Significant Developments)

Vestas And RUSNANO Sign MoU
Wednesday, 5 Jun 2019 

June 5 (Reuters) - Vestas Wind Systems A/S ::AND RUSNANO TO EXPLORE FURTHER OPPORTUNITIES TO INCREASE FOOTPRINT IN RUSSIA AND RE-ENFORCE LEADING MARKET POSITION.CO AND RUSNANO SIGN MOU REGARDING LOCALISATION OF EQUIPMENT FOR RUSSIAN SUSTAINABLE ENERGY MARKET, INCLUDING SUPPLY CHAIN OPTIMISATION, LOCAL MANUFACTURING OF WIND TURBINE COMPONENTS.MOU WAS SIGNED IN RELATION TO ST. PETERSBURG INTERNATIONAL ECONOMIC FORUM.MOU SEEKS TO STRENGTHEN VESTAS AND RUSNANO'S POSITION IN GROWING RUSSIAN SUSTAINABLE ENERGY MARKET..VESTAS CONSIDERS POSSIBILITY OF USING TECHNOLOGY DEVELOPED BY RUSNANO PORTFOLIO COMPANIES.  Full Article

Vestas Wins 227 MW Merchant Project In Australia
Wednesday, 29 May 2019 

May 29 (Reuters) - Vestas Wind Systems A/S ::SOLUTION SECURES 227 MW MERCHANT PROJECT IN AUSTRALIA.SAYS VESTAS HAS SUCCESSFULLY SECURED AN ENGINEERING, PROCUREMENT AND CONSTRUCTION CONTRACT FOR 227 MW COLLECTOR WIND FARM, TO BE DEVELOPED BY RATCH-AUSTRALIA CORPORATION.SAYS AUSTRALIAN GOVERNMENT-OWNED CLEAN ENERGY FINANCE CORPORATION (CEFC) IS INJECTING AUD 180 MILLION INTO COLLECTOR WIND FARM AS SOLE DEBT FINANCIER.SAYS PROJECT WILL FEATURE 54 VESTAS V117-4.2 MW TURBINES AT A HUB HEIGHT OF 91.5M.SAYS VESTAS WILL PROVIDE AN UP TO 25-YEAR SERVICE AGREEMENT.SAYS COMMERCIAL OPERATIONS AT COLLECTOR WIND FARM ARE SCHEDULED TO COMMENCE IN SECOND HALF OF 2020.  Full Article

Vestas Secures 147 MW Order Of V150-4.2 MW Turbines In Brazil
Tuesday, 28 May 2019 

May 28 (Reuters) - Vestas Wind Systems A/S ::SECURES 147 MW ORDER OF V150-4.2 MW TURBINES IN BRAZIL.CONTRACT INCLUDES THE SUPPLY AND INSTALLATION OF 35 V150-4.2 MW WIND TURBINES WITH 105M HUB HEIGHT.EDF RENEWABLES IN BRAZIL HAS PLACED ORDER FOR 147 MW FOLHA LARGA WIND PARK TO BE LOCATED AT MUNICIPALITY OF CAMPO FORMOSO, IN STATE OF BAHIA.  Full Article

Vestas Wins 44 MW Order In China
Wednesday, 22 May 2019 

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 

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 

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 

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 

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 

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 

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

UPDATE 2-European shares fall, scorched by China rare earth warning

* German unemployment rises unexpectedly in May (Updates to close, recasts, adds market strategist's quote)