Vestas Wind Systems A/S (FRA:VWSB)
Market Cap | 11.64B |
Revenue (ttm) | 17.30B |
Net Income (ttm) | 499.00M |
Shares Out | n/a |
EPS (ttm) | 0.49 |
PE Ratio | 23.33 |
Forward PE | n/a |
Dividend | 0.07 (0.63%) |
Ex-Dividend Date | Apr 9, 2025 |
Volume | 3,520 |
Average Volume | 60,205 |
Open | 11.79 |
Previous Close | 11.61 |
Day's Range | 11.58 - 11.79 |
52-Week Range | 10.87 - 27.62 |
Beta | n/a |
RSI | 36.91 |
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]
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 StatementsNews

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...

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...

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...

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...
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.
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.

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.

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...

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 ...

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...

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.

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.

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.

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...

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...

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...

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...

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.

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...

Vestas Wind Systems: Growth With Expanding Margins
Vestas Wind Systems is poised for explosive growth with expected quadrupling of free cash flow by 2026, despite recent negative earnings. Key growth drivers include higher ASPs for new orders, promisi...

Vestas Wind Systems A/S (VWDRY) Q2 2024 Earnings Call Transcript
Vestas Wind Systems A/S (OTCPK:VWDRY) Q2 2024 Earnings Conference Call August 14, 2024 4:00 AM ET Company Participants Henrik Andersen - CEO Hans Smith - CFO Conference Call Participants Ajay Patel - ...

Turbine maker Vestas says losses widened on writedowns
Vestas, the world's number one wind turbine maker, said on Wednesday that writedowns pushed it into a wider loss in the second quarter.

Wind turbine maker Vestas lowers profit margin outlook
Vestas , the world's largest maker of wind turbines, slightly lowered its full-year profit margin outlook, hit by higher costs in its service business, it said on Monday.

Vestas: Waiting For The Wind To Blow Offshore
Vestas is a major global wind turbine maker, installer (157 GW) and servicer (149 GW of service contracts), with business in 88 countries. Offshore wind projects in the US, Australia, Brazil are takin...

Wind turbine maker Vestas reports surprise Q1 loss as deliveries fall
Vestas , the world's largest maker of wind turbines, reported on Thursday a surprise adjusted operating loss for the first quarter hit by lower project deliveries but stuck to its full-year profit mar...