Vestas Wind Systems A/S (FRA:VWSB)

Germany flag Germany · Delayed Price · Currency is EUR
15.31
+1.51 (10.94%)
At close: May 13, 2025, 10:00 PM CET
-40.31%
Market Cap 15.11B
Revenue (ttm) 18.08B
Net Income (ttm) 572.00M
Shares Out n/a
EPS (ttm) 0.56
PE Ratio 26.42
Forward PE 18.24
Dividend 0.07 (0.56%)
Ex-Dividend Date Apr 9, 2025
Volume 235,265
Average Volume 68,349
Open 15.10
Previous Close 13.80
Day's Range 14.99 - 15.83
52-Week Range 10.87 - 27.62
Beta n/a
RSI 74.27
Earnings Date May 6, 2025

About Vestas Wind Systems

Vestas Wind Systems A/S engages in the design, manufacture, installation, and services of wind turbines the United States, Denmark, and internationally. It operates through two segments, Power Solutions and Service. The Power Solutions segment offers onshore and offshore wind power plants, wind turbines, development sites, etc. The Service segment engages in the sale of service contracts, spare parts, and related activities. The company was founded in 1898 and is headquartered in Aarhus, Denmark. [Read more]

Industry Electrical Industrial Apparatus
Founded 1898
Employees 35,100
Stock Exchange Frankfurt Stock Exchange
Ticker Symbol VWSB
Full Company Profile

Financial Performance

In 2024, Vestas Wind Systems's revenue was 17.30 billion, an increase of 12.44% compared to the previous year's 15.38 billion. Earnings were 499.00 million, an increase of 548.05%.

Financial Statements

News

Solar and Wind Stocks Soar; Republican Bill Not as Bad as Feared

The bill, however, isn't exactly great for renewable energy companies, either.

7 hours ago - Barrons

Europe is waking up to the need for a higher degree of energy independence, Vestas CEO says

Vestas CEO Henrik Andersen discusses the outlook for Europe's wind power industry and the impact of U.S. President Donald Trump's tariff policy.

7 days ago - CNBC International TV

Wind turbine maker Vestas swings to operating profit

Wind turbine maker Vestas on Tuesday reported an unexpected operating profit for the first quarter, contrary to analysts' predictions of a loss, and kept its outlook for the year unchanged despite geo...

7 days ago - Reuters

Vestas Warns UK Wind-Auction Change Threatens Factory Investment

A UK proposal to relax criteria for offshore wind developers taking part in project auctions threatens to undermine confidence to invest in factories needed for the farms, Vestas Wind Systems A/S said...

18 days ago - Financial Post

Correction: Kalmar has signed a large order for electric forklift trucks and reachstackers with Vestas Manufacturing Spain to further remove their CO2 emissions

KALMAR CORPORATION, TRADE PRESS RELEASE, 1 APRIL 2025 AT 4:15 PM (EEST) Correction: Kalmar has signed a large order for electric forklift trucks and reachstackers with Vestas Manufacturing Spain to fu...

6 weeks ago - GlobeNewsWire

Kalmar has signed a major order for electric forklift trucks and reachstackers with Vestas Manufacturing Spain to further remove their CO2 emissions

KALMAR CORPORATION, TRADE PRESS RELEASE, 1 APRIL 2025 AT 2:00 PM (EEST) Kalmar has signed a major order for electric forklift trucks and reachstackers with Vestas Manufacturing Spain to further remove...

6 weeks ago - GlobeNewsWire

Vestas Wind Systems: A Buying Opportunity Amid Market Pessimism

Vestas reported strong 2024 performance with €17.3 billion in revenue, up from €15.38 billion in 2023, and EBIT before special items rising to €741 million from €231 million. The company delivered rob...

2 months ago - Seeking Alpha

Vestas Wind Systems A/S (VWDRY) Q4 2024 Earnings Call Transcript

Vestas Wind Systems A/S (OTCPK:VWDRY) Q4 2024 Earnings Conference Call February 5, 2025 4:00 AM ET Company Participants Henrik Andersen - CEO Rasmus Gram - CFO Conference Call Participants Claus Almer...

3 months ago - Seeking Alpha

Vestas is ‘well positioned' amid tariff concerns, CEO says

Vestas CEO Henrik Andersen discusses the wind turbine manufacturer's latest earnings and the potential impact of U.S. tariffs.

3 months ago - CNBC International TV

Vestas CEO says Trump's climate retreat has been overblown

Vestas CEO Henrik Andersen discusses the prospect of tariffs on EU goods entering the U.S., the current regulatory and macroeconomic backdrop, and U.S. President Donald Trump's climate retreat.

3 months ago - CNBC International TV

Vestas appoints Jakob Wegge-Larsen as new CFO

Denmark's Vestas said on Wednesday it had appointed Jakob Wegge-Larsen as its new chief financial officer, adding he will start the position in the second quarter of this year.

4 months ago - Reuters

Russia's Rosatom launches wind turbine blade factory replacing Vestas plant

Russia's state nuclear corporation Rosatom launched a wind turbine blade factory at the location of a plant formerly owned by Denmark's Vestas , the governor of Russia's Ulyanovsk region said on his T...

4 months ago - Reuters

Vestas Shares At Multi-Year Lows While Headwinds Shift To Tailwinds - Trading Buy Update

Vestas has faced significant challenges, including declining margins and negative impacts from COVID and high interest rates, but it is showing signs of recovery. 2025 is expected to be a strong year ...

5 months ago - Seeking Alpha

Vestas wins 1.1 GW order in Scotland

Vestas has won an order for the 1.1 gigawatt (GW) Inch Cape Offshore Wind project in Scotland from Inch Cape Offshore Limited, an equal joint venture between ESB and Red Rock Renewables, the Danish wi...

5 months ago - Reuters

Vestas to Cut Jobs at U.K. Factory

Vestas Wind Systems could cut hundreds of jobs at its Isle of Wight factory as it plans to repurpose the site to manufacture onshore turbine blades.

5 months ago - WSJ

Vestas CFO to step down by end of 2024

Denmark's Vestas said on Wednesday its Chief Financial Officer Hans Martin Smith would step down by the end of this year, and that the company has begun looking for his replacement.

5 months ago - Reuters

Trump election win sends green energy stock prices tumbling

Shares of several renewable energy companies traded lower on Wednesday after Donald Trump was declared the winner of the presidential election, affording him a second term in the White House.

6 months ago - New York Post

European clean energy stocks plunge as Trump election victory raises climate policy concerns

European clean energy stocks plunged on Wednesday following Donald Trump's election victory, as investors brace for potential rollbacks on US climate and renewable energy policies. With Trump's campai...

6 months ago - Invezz

European clean energy stocks tumble as Trump wins presidency

Shares in European clean energy groups plummeted on Wednesday after Donald Trump was elected president of the United States, as investors fretted over a potential dismantling of U.S. support for renew...

6 months ago - Reuters

Vestas Wind Systems A/S (VWDRY) Q3 2024 Earnings Call Transcript

Vestas Wind Systems A/S (OTCPK:VWDRY) Q3 2024 Earnings Conference Call November 5, 2024 4:00 AM ET Company Participants Henrik Andersen - Chief Executive Officer Hans Smith - Chief Financial Officer C...

6 months ago - Seeking Alpha

Vestas third-quarter operating profit lags expectation

Vestas , the world's largest maker of wind turbines, on Tuesday reported a lower-than-expected third-quarter operating profit and said it expects its operating profit margin this year at the lower end...

6 months ago - Reuters

Fortum, Vestas settle dispute over Russian wind energy projects

Finland's Fortum said on Thursday it had settled a dispute with Denmark's Vestas over advance payments it made for equipment for Russian wind park projects that were terminated due to sanctions.

7 months ago - Reuters

Vestas Wind Systems Is No Longer Becalmed

The wind industry is coming out of a dark period and Vestas is well positioned to benefit from this. Vestas-Mitsubishi Heavy Industries relationship may be important for the expansion of Vestas offsho...

7 months ago - Seeking Alpha