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Vestas Wind Systems A/S

VWS.CO

Latest Trade

1,062.00DKK

Change

3.00(+0.28%)

Volume

603,207

Today's Range

1,041.50

 - 

1,066.00

52 Week Range

473.00

 - 

1,166.00

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

Pricing

Previous Close
1,059.00
Open
1,058.50
Volume
603,207
3M AVG Volume
10.62
Today's High
1,066.00
Today's Low
1,041.50
52 Week High
1,166.00
52 Week Low
473.00
Shares Out (MIL)
193.72
Market Cap (MIL)
209,133.40
Forward P/E
--
Dividend (Yield %)
0.75

Next Event

Q3 2020 Vestas Wind Systems A/S Earnings Call

Latest Developments

More

Vestas Secures 8 MW Order In USA

Vestas Gets Order In Vietnam

Vestas Secures 8 MW Order Of 60% PTC Qualifying Turbine Components In U.S.

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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

2.71 mean rating - 24 analysts
Sell
Hold
Buy
Revenue (MM, EUR)

2017

10.0K

2018

10.1K

2019

12.1K

2020(E)

14.5K
EPS (EUR)

2017

4.200

2018

3.390

2019

3.550

2020(E)

3.025
Price To Earnings (TTM)
55.60
Price To Sales (TTM)
2.00
Price To Book (MRQ)
8.98
Price To Cash Flow (TTM)
25.72
Total Debt To Equity (MRQ)
29.96
LT Debt To Equity (MRQ)
22.41
Return on Investment (TTM)
10.70
Return on Equity (TTM)
3.54

Latest News

Latest News

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.

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.

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.

Wind turbine maker Vestas suspends 2020 outlook amid coronavirus

Vestas <VWS.CO>, 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.

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)

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.

Denmark's economy to suffer from global downturn, government says

Denmark's economic growth is likely to slow by around 1 percentage point in the coming years, as the export-driven economy suffers from a global downturn, the government said on Monday.

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).

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

Wind turbine maker Vestas <VWS.CO> is gearing up for its busiest half-year on record, it said after reporting lower than expected profit attributed to rising costs stemming from the U.S.-China trade war and orders received when prices had plunged in 2017

Wind turbine maker Vestas lags forecast as competition and tariffs bite

Wind turbine maker Vestas posted lower than expected second-quarter operating profit on Thursday, hit by competitive markets, tariffs and orders received during a steep price decline in 2017.

BRIEF-ABB To Supply 100 Transformers For Wind Turbines To Vestas

* HAS WON AN ORDER FROM MHI VESTAS OFFSHORE WIND TO SUPPLY ITS RELIABLE, ENERGY-EFFICIENT AND COMPACT WINDSTAR TRANSFORMERS FOR INSTALLATION IN WIND TURBINES IN NORTH SEA

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

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.

UPDATE 1-CEO of wind turbine maker Vestas to step down

Vestas Chief Executive Anders Runevad will step down in August and be replaced by Henrik Andersen, CEO of coatings company Hempel and already a board member at the Danish wind turbine maker.

MHI Vestas says Brexit will not deter investment in Britain's wind sector

Japanese-Danish joint venture MHI Vestas plans to continue investing in its wind turbine blade manufacturing plant in Britain, despite the country's impending departure from the European Union, its chief executive told Reuters.

Vestas launches more versatile wind power platform

Danish wind power company Vestas <VWS.CO> presented a new platform on Thursday it says will enable customers to produce cheaper energy through turbines tailored for different wind conditions and locations.

Vestas launches more versatile wind power platform

Danish wind power company Vestas on Thursday presented a new platform it says will enable customers to produce cheaper energy through turbines tailored for different wind conditions and locations.

Vestas sees U.S. demand for wind turbines peaking in 2020

Wind turbine maker Vestas sees U.S. demand peaking in 2020 as government incentives, which have spurred investments in the sector, are phased out.

UPDATE 2-Wind turbine maker Vestas outlook brighter as prices stabilise

* Third-quarter profit below forecast (Adds CFO, analyst, shares)

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

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