Vestas Wind Systems A/S

Earnings data Q1 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Vestas Wind Systems A/S engages in the business of developing, manufacturing, selling, and maintaining wind power plants. It operates under the Power Solutions and Service segments. The Power Solutions segment focuses on onshore and offshore wind power plants, wind turbines, and development sites. The Service segment is involved in service contracts and spare parts. The company was founded by Smith Hansen and Peder Hansen in 1898 and is headquartered in Aarhus, Denmark.

Aehr Test Systems

Li Auto Inc.

PayPal

Riot Blockchain

Under Armour

United Continental Hlds

Interest rate cuts appear imminent in the coming months, though likely not as soon as March. However, I believe cuts could materialize in the second quarter or sometime thereafter.

7 Stocks to Buy ASAP Before Rate Cuts Send Them Soaring

Beyond Meat

Enviva Partners

ESG, or environmental, social and governance-driven investing has been one of the hottest trends in investing over the past decade. Investors increasingly want to make money while also making the world a better place.

Exit Now! 3 ESG Stocks to Sell in February 2024

Vestas Wind Systems published its annual report for 2023, titled 'a return to profitability', after a loss-making 2022. Despite razor-thin margins at 1.5% and ongoing struggles in the wind energy industry, Vestas was able to grow its revenue and earnings. Vestas achieved a record order intake of 18.4 GW for the full year and aims to continue building momentum in 2024.

Vestas: A Return To Profitability

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

Vestas shares rose sharply after it posted fourth-quarter profits and revenue above market expectations and said it expected higher sales in 2024.

Vestas Beats Views After Record Orders

Vestas , the world's leading wind turbine maker, reported on Wednesday a forecast-beating fourth quarter operating profit before special items but said it would not pay a dividend for 2023.

Wind turbine maker Vestas' Q4 profit beats expectations, drops dividend

Brookfield Renewable Partners

Ball

Enphase Energy

NextEra Energy

Tesla

These sustainable stocks for 2024 should be on your watchlist, not only for their potential to generate solid returns but also for their contribution to a more sustainable and environmentally friendly future. What's best is that these companies also trade at reasonable valuations, and I also believe that they have the potential to surge higher as the world is presently far behind its carbon-neutral goals.

7 Sustainable Stocks for Eco-Conscious Investors in 2024

Vestas Wind Systems (and the rest of the wind industry) is widely ignored. Two major influential global meetings in late 2023 (G20 and COP28) both announced trebling of renewable energy by 2030. This is a very big deal. The G20 and COP28 announcements both covered in detail what has to happen to achieve the massive changes proposed.

Vestas: Time To Invest?

Danish wind turbine maker Vestas plans a second offshore wind turbine plant in Poland to meet growing demand for harnessing wind at sea, it said on Thursday.

Vestas plans second offshore wind plant in Poland

COPENHAGEN, Dec 20 (Reuters) - Danish wind turbine maker Vestas (VWS.CO) on Wednesday said it had signed a supplier agreement for a British offshore wind farm project, and exclusivity agreements for two other projects in Britain with Sweden's Vattenfall.

Vestas, Vattenfall sign supplier agreements for UK offshore wind projects

Vestas Wind Systems A/S is a top stock pick among wind farm equipment manufacturers for analysts at investment bank Citigroup.   Capital goods analyst Martin Wilkie said in a research note on Friday that the investment bank reiterates its confidence in Danish wind turbine maker Vestas ahead of the climate negotiations in Dubai next week.

Vestas a top wind stock pick, says Citi analyst

Renewable energy firms suffered a dire third-quarter earnings season as struggling supply chains, manufacturing faults and rising production costs ate into profits.

Wind power industry in moment of reckoning as stocks fall and earnings crumble

Vestas Wind Systems A/S (OTCPK:VWDRY) Q3 2023 Earnings Conference Call November 8, 2023 4:00 AM ET Company Participants Henrik Andersen - Chief Executive Officer Hans Martin Smith - Chief Financial Officer Conference Call Participants Kristian Tornøe - SEB Ben Heelan - Bank of America Claus Almer - Nordea Sean McLoughlin - HSBC Ajay Patel - Goldman Sachs Henry Tarr - Berenberg Martin Wilkie - Citi Supriya Subramanian - UBS William Mackie - Kepler Cheuvreux Casper Blom - Danske Bank Deepa Venkateswaran - Bernstein Akash Gupta - JPMorgan Daniel Haugland - ABG Sundal Collier Klaus Kehl - Nykredit Sebastian Growe - BNP Paribas Henrik Andersen Good morning, everyone, and welcome to this Vestas Q3 presentation. And let me upfront just thank every stakeholder on this call, not least also our colleagues at Vestas, as this quarter marks Vestas' return to an operational profit for the year for the third quarter.

Vestas Wind Systems A/S (VWDRY) Q3 2023 Earnings Call Transcript

Vestas Wind Systems (ETR: VWS) stock price continued its downward trend as concerns about the wind industry continued. The shares dropped by more than 2% on Wednesday after the surprise earnings report by Orsted.

Vestas Wind Systems (VWS) stock forms a death cross ahead of earnings

It is a challenging time for investors in emerging technologies, but this also means opportunity. The wind turbine industry is challenged but not all players are equally affected. Siemens Energy is challenged by quality and pricing, while Vestas has largely avoided these problems. There are industry-wide issues concerning permitting and supply, although these are being addressed.

Opportunities For Vestas Wind Systems

Vestas Wind Systems is facing challenges in the wind power industry and its latest annual report shows negative financials and low profit margins. The company is struggling with cost increases and unprofitable contracts, leading to a decline in its share price. Analysts have mixed opinions on Vestas, with some predicting a recovery in profitability by 2025, while others remain cautious and recommend a hold on the stock.

Vestas Wind Systems: Doubt Regarding My 'Hold', But Choice Was Right

The world's leading turbine maker Vestas on Wednesday said it aims to turn a profit this year, despite a bigger than expected second quarter adjusted loss and its expectation supply chain disruptions would continue for the rest of 2023.

Vestas hopes to turn a profit this year despite Q2 loss

Vestas has partnered with Mangopay to further refine the payment solutions for its B2B renewable energy technologies marketplace, Covento.

Vestas Partners With Mangopay to Enhance Payment Solutions for Covento

Wind turbine maker Vestas on Tuesday emphasised the importance of quality control across its entire business after problems at rival Siemens Gamesa last week.

Vestas reassures on quality after Siemens woes

Maxeon Solar Technologies

Plug Power

Shoals Technologies Group

Orsted AS

Renewable energy is expected to generate almost all of the world's electricity growth between now and 2025, an analysis of data from the International Energy Agency indicates. Moreover, by that year, renewables are on track to become the world's largest source of electricity.

7 Top Renewable Energy Companies to Invest in for Long-Term Growth

Bloom Energy

Clearway Energy

Increasing government funding in clean energy and higher investment in the EV market aid alternative energy stocks' growth despite lower hydrogen investment. You may watch VWDRY, CWEN and BE.

3 Alternative Energy Stocks to Watch Amid Insufficient Hydrogen Funding

Vestas Wind Systems (OTCPK:VWDRY) Q1 2023 Earnings Conference Call May 10, 2023 4:00 AM ET Company Participants Henrik Andersen - Group President and Chief Executive Officer Hans Martin Smith - EVP and Chief Financial Officer Conference Call Participants Kristian Tornøe - SEB Akash Gupta - J.P. Morgan Benjamin Heelan - Bank of America Supriya Subramanian - UBS Claus Almer - Nordea Henry Tarr - Berenberg Martin Wilkie - Citi Dan Togo Jensen - Carnegie Investment Bank William Mackey - Kepler Cheuvreux Sean McLoughlin - HSBC Casper Blom - Danske Bank Henrik Andersen Good morning, and welcome to Vestas' Presentation of first quarter of 2023.

Vestas Wind Systems A/S (VWDRY) Q1 2023 Earnings Call Transcript

Array Technologies

First Solar

When discussing top green energy stocks, there is one clear leader: NextEra Energy (NYSE: NEE ). The company operates under two distinct businesses, including an electric utility, FPL, and the world's largest wind and solar business, NEER.

3 Stocks to Buy That Could Be the Next Green Energy Leader

Want to invest in a cleaner future? Keep a close eye on renewable energy stocks like CWEN, NEE, BEP and VWDRY for a sustainable and profitable portfolio.

4 Stocks to Watch in the Path to Decarbonize the Future

Investors who want to get returns on their cash while also helping out the environment are spoiled for choice these days

News for Vestas Wind Systems A/S Stock (VWDRY)