Vestas

2024 - 2 - 7

Vestas Returns to Profit and Surges with Record Orders

Vestas, the leading wind turbine maker, has made a remarkable comeback, swinging to profit in 2023 with record-breaking order intake and revenue growth.

Den danske vindmølleproducent Vestas har vendt tilbage til overskud efter en vanskelig periode. Vestas overgik forventningerne til driftsresultaterne for fjerde kvartal og vendte tilbage til overskud efter en dyster periode for verdens førende vindmølleproducent. Virksomheden opnåede en EBIT-margin før særlige poster på 1,5% og en omsætning på €15.382m, drevet af højere priser. Investorer imponerede med Vesta's comeback til overskud, stigende priser og en ordrebog, der overgik forventningerne. Med en rekordmængde ordrer vendte Vestas tilbage til overskud i 2023, hvilket imponerede investorer og analytikere. Vests forventer, at indtjeningen vil forbedre sig i år, efter at virksomheden vendte tilbage til profitabilitet i 2023.

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Image courtesy of "Reuters"

Wind turbine maker Vestas returns to profit (Reuters)

Vestas beat fourth-quarter operating earnings forecasts on Wednesday, returning to profit after a bleak period for the world's leading wind turbine maker.

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Image courtesy of "The Wall Street Journal"

Vestas Beats Profit, Revenue Views After Record Order Intake (The Wall Street Journal)

The Danish wind-turbine maker said Wednesday that it swung to a fourth-quarter pretax profit of 173 million euros ($186.1 million) from a loss of EUR480 million ...

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Image courtesy of "reNEWS"

Vestas back in the black in 2023 (reNEWS)

This represents an EBIT margin before special items of 1.5%. Vestas achieved revenue of €15,382m. This increase in revenue was driven by higher pricing, as well ...

Vestas Shares Surge After Blockbuster Earnings (Morningstar)

Return to profit, higher prices and forecast-beating order book impressed investors in the Danish wind turbine maker, even with high expectations.

Vestas Swings To 2023 Profit On Record Orders (Barron's)

Vestas, the world's number one wind turbine maker, said Wednesday it returned to profit in 2023 following a record number of orders.

Vestas Beats Profit, Revenue Views After Record Order Intake ... (Morningstar.com)

By Christian Moess Laursen. Vestas Wind Systems beat market expectations as it swung to a full-year pretax profit, boosted by its highest-ever quarterly ...

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Image courtesy of "Renewables Now"

Vestas gets back in black in 2023 as orders hit 18.4 GW (Renewables Now)

Danish wind turbine maker Vestas Wind Systems A/S (CPH:VWS) managed to return to the black in 2023, posting revenue and EBIT margin at the upper end of gui.

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Image courtesy of "Financial Post"

Vestas Says Outlook Is Improving This Year as Crisis Eases (Financial Post)

Vestas Wind Systems A/S expects earnings to improve this year after a return to profitability in 2023 as the Danish company turns the page on an ...

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Image courtesy of "Windpower Monthly"

Mission accomplished: wind turbine maker Vestas returns to profit ... (Windpower Monthly)

Vestas shot back to profitability in 2023 with an earnings before interest (Ebit) margin of 1.5%, before special items, for the whole year. by Gail Rajgor 7 ...

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Image courtesy of "Recharge"

Vestas CEO: 'I criticised Germany over wind roll-out but it looks set to ... (Recharge)

European countries should learn from Germany's example when it comes to permitting and auctions, said Vestas CEO Henrik Andersen, as he admitted the country ...

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Image courtesy of "Offshore WIND"

Vestas: 'We Returned to Profitability' (Offshore WIND)

Vestas has posted a revenue of EUR 15.4 billion and an increase in profit by 105 per cent for 2023 compared to the previous year, and says the company saw a ...

Vestas Wind Systems A/S (VWDRY) Q4 2023 Earnings Call Transcript (Seeking Alpha)

Vestas Wind Systems A/S (OTCPK:VWDRY) Q4 2023 Earnings Conference Call February 7, 2024 4:00 AM ETCompany ParticipantsHenrik Andersen - Chief Executive...

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Image courtesy of "Recharge"

'Considerably better times ahead for Vestas' on blockbuster orders ... (Recharge)

Experts upbeat about Danish wind turbine manufacturer that reported return to profit last year and is expected to profit from rising demand in US and ...

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Image courtesy of "Windpower Monthly"

'Considerably better times ahead' for wind turbine maker Vestas ... (Windpower Monthly)

Analysts see a bright future for Vestas after the turbine maker confirmed a return to annual profits, higher than expected revenue, rising orders and a bullish ...

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Image courtesy of "Hurriyet Daily News"

Vestas swings to 2023 profit on record orders (Hurriyet Daily News)

Vestas, the world's number one wind turbine maker, said yesterday it returned to profit in 2023 following a record number of orders.

Vestas Wind Systems A/S Just Beat Earnings Expectations: Here's ... (Simply Wall St)

Last week saw the newest full-year earnings release from Vestas Wind Systems A/S ( CPH:VWS ), an important milestone in...

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