Craft

Vestas

Stock Price

KR167.1

2023-11-10

Market Capitalization

KR168.6 B

2023-11-10

Revenue

€14.5 B

FY, 2022

Vestas Summary

Company Summary

Overview
Vestas Wind Systems is a company that designs, manufactures, installs, and services wind turbines. It operates in two segments: Power Solutions and Service. The Power Solutions segment focuses on onshore and offshore wind power plants, wind turbines, development sites, etc. The Service segment provides the sale of service contracts, spare parts, and related activities.
Type
Public
Status
Active
Founded
1898
HQ
Aarhus, DK | view all locations
Website
https://www.vestas.com/en/
Cybersecurity rating
ESG rating
60-79 out of 100|View all ESG data
Sectors

Key People

  • Henrik Andersen

    Henrik Andersen, Group President & CEO

  • Anders Nielsen

    Anders Nielsen, Executive Vice President and Chief Technology Officer

  • Tommy Rahbek Nielsen

    Tommy Rahbek Nielsen, Executive Vice President and Chief Operating Officer

  • Hans Martin Smith

    Hans Martin Smith, Executive Vice President and Chief Financial Officer

Operating MetricsView all

Onshore Deliveries (Poland), MW

84
73.9%

Q2, 2023

Onshore Deliveries (Turkey), MW

89
1.1%

FY, 2022

Onshore Deliveries (Senegal), MW

23

FY, 2020

LocationsView all

74 locations detected

  • Aarhus HQ

    Denmark

    Hedeager 42

  • Brighton, CO

    United States

    1500 E Crown Prince Blvd n

  • Portland, OR

    United States

    1417 NW Everett St

  • Windsor, CO

    United States

    11140 Eastman Park Dr

  • Bahía Blanca, Provincia de Buenos Aires

    Argentina

    Av. Tomás Guido 3350 (Parque Ind. Bahia Blanca)

  • Buenos Aires, CABA

    Argentina

    Carlos Pellegrini 1023 Piso 10

and 68 others

Vestas Financials

Summary Financials

Revenue (Q2, 2023)
€3.4B
Gross profit (Q2, 2023)
€425.0M
Net income (Q2, 2023)
(€115.0M)
Cash (Q2, 2023)
€1.5B
EBIT (Q2, 2023)
(€72.0M)
Enterprise value
$170.0B

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