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.
Vestas wind turbine floored by potential lightning strike
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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,
Wind power giant Vestas profit soars on record orders
The Danish group's after-tax profit jumped from 77 million euros in 2023 to 499 million euros ($520 million) last year. Revenue grew 12 percent to 17.3 billion euros.
Earnings Breakdown: Vestas Wind Systems Q4
Vestas Wind Systems beat estimated earnings by 31.0%, reporting an EPS of $0.21 versus an estimate of $0.16. Revenue was up $1.42 billion from the same period last year. In the previous quarter, the company missed on EPS by $0.03, resulting in a 14.000000000000002% drop change in the share price the following day.
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.
Whitman County imposes wind energy moratorium as developer plans a 45-turbine project near Kamiak Butte
PULLMAN – The developer behind a wind farm project near Colfax says it has enough leases from landowners to move forward with ...
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 ...
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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 ...
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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 Wind Systems (0NMK) Gets a Buy from Goldman Sachs
In a report released today, Ajay Patel from Goldman Sachs maintained a Buy rating on Vestas Wind Systems (0NMK – Research Report), with a price ...
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.