Wind turbine maker Vestas braces for uncertainty

Wind turbine maker Vestas braces for uncertainty after profits beat
Vestas , the world's biggest wind turbine maker, said uncertainty could weigh on performance, but the execution of its record order backlog would boost revenue, and it announced a share buyback as fourth-quarter results beat expectations.
Vestas CEO says wind turbine manufacturer is ‘well positioned’ amid tariff concerns
Vestas CEO Henrik Andersen discusses the wind turbine manufacturer’s latest earnings and the potential impact of U.S. tariffs.
Danish wind turbine giant Vestas records increased Q4 profit for 2024
Danish wind turbine company Vestas Wind Systems on Wednesday reported an increase in its profit for the fourth quarter of 2024 to €598 million ($623 million) from €149 million in the previous year. Its earnings before interest and taxes (EBIT) before special items also climbed to €759 million from €191 million in the previous year.
Wind turbine maker Vestas Q4 profit beats expectations
Denmark's Vestas, the world's biggest wind turbine maker, reported on Wednesday a higher-than-expected adjusted operating profit for the fourth quarter but warned of ongoing uncertainty for 2025. "Although ongoing geopolitical and trade volatility is expected to cause uncertainty,
Vestas wind turbine floored by potential lightning strike
Couldn't resolve component "default" at "/:pathMatch (.*)?/:lcsId ( [0-9]\- [0-9]\- [0-9]+| [0-9]- [0-9]- [0-9]+PT [0-9]+)"
Vestas Wind Systems AS (VWDRY) Q4 2024 Earnings Call Highlights: Record Order Intake and Strong ...
Vestas Wind Systems AS (VWDRY) reports a robust Q4 with significant revenue growth and strategic initiatives despite facing operational challenges.
Vestas sees record-high order backlog driving increased revenue in 2025
Vestas Wind reports better than expected Q4 earnings with profit up 300% and revenue up 29%, initiates share buyback program ...
Barclays Keeps Their Sell Rating on Vestas Wind Systems (0NMK)
In a report released today, Vladimir Sergievskiy from Barclays maintained a Sell rating on Vestas Wind Systems (0NMK – Research Report), with a ...
BizWest14h
Vestas delivers its annual 2024 report
Despite a tense geopolitical environment, Vestas Wind officials are moving forward into 2025 expecting continued profitability amid the growing need for electricity with AI and cloud computing.
Vestas stock drops despite solid earnings
Despite these strong results and the announcement of an unexpected €100 million share buyback and €75 million dividend, Vestas guided to a wide range for FY25 revenues of €18 billion to €20 billion, ...
Citi Keeps Their Buy Rating on Vestas Wind Systems (0NMK)
Citi analyst Martin Wilkie maintained a Buy rating on Vestas Wind Systems (0NMK – Research Report) today and set a price target of DKK220.00.
GlobalData on MSN13d
Vestas secures turbine supply deal for Ukrainian wind project
Vestas has secured an order to supply turbines for the second phase of the Tyligulska project in Ukraine - the country’s ...
Recharge21h
Vestas CEO: struggling US offshore wind failed to offer 'visibility and traction'
Henrik Andersen says eastern states failed to offer clear direction on pipeline prospects even before Trump returned to ...
Vestas announces EUR100 million share buyback and reinstates dividends
Europe's largest wind turbine maker, has announced a share buyback of €100 million ($104 million) and reinstated dividends for investors, signaling a positive shift in the company's financial status.