09 nov: Solid start på regnskabsåret
09 nov: Indre værdi af SmallCap Danmark A/S er opgjort til 83,3 kr. pr. ..
09-11-2017 08:30:02

Vestas - Interim financial report, third quarter 2017

Relateret indhold
21 feb - 
Onsdagens aktier: Novo skærmede eliteindekset mod størr..
21 feb - 
Onsdagens aktier: Novo skærmede eliteindekset mod størr..
21 feb - 
Vestas vinder mølleordre i USA
Relateret debat
21 feb - 
Kort og godt beskrevet!!
21 feb - 
Det danske aktiemarked er snart totalt styret af shorte..
21 feb - 
Så er det ærgerligt, at de bygger produktio..

Aarhus, Denmark, 2017-11-09 08:30 CET (GLOBE NEWSWIRE) --

  

In the third quarter of 2017, Vestas generated revenue of EUR 2,743m – a decrease of 6 percent compared to the year-earlier period. EBIT decreased by EUR 78m to EUR 355m. The EBIT margin was 12.9 percent compared to 14.9 percent in the third quarter of 2016 and free cash flow* amounted to EUR 193m compared to EUR 155m in the third quarter of 2016.  

The intake of firm and unconditional wind turbine orders amounted to 2,615 MW in the third quarter of 2017. The value of the wind turbine order backlog amounted to EUR 8.8bn as at 30 September 2017. In addition to the wind turbine order backlog, Vestas had service agreements with expected contractual future revenue of EUR 11.4bn at the end of September 2017. Thus, the value of the combined backlog of wind turbine orders and service agreements stood at EUR 20.2bn – an increase of EUR 3.1bn compared to the year-earlier period. 

Vestas adjusts the 2017 guidance on revenue to range between EUR 9.50bn and EUR 10.25bn (compared to between EUR 9.25bn and EUR 10.25bn previously), EBIT margin before special items of 12-13 percent (compared to 12-14 percent previously), and free cash flow* to range between EUR 450m to EUR 900m (compared to minimum EUR 700m previously). The adjustments are based mainly on delivery visibility for the remainder of the year. Vestas also adjusts 2017 guidance on total investments* from approximately EUR 350m to approximately EUR 400m. 

Group President & CEO Anders Runevad said: “In the third quarter, Vestas delivered increased order intake and healthy earnings in a market that is seeing accelerated competition and decreasing profitability. Our order backlog and service revenue both increased 18 percent year-on-year, while nine-month revenue is on par with 2016. As the market continues to evolve at a fast pace, we remain focused on continuing our leadership position by executing our strategy and increasing efficiency.”

 

Key highlights 

Increased order intake

Order intake in the quarter reached 2,615 MW – up 48 percent compared to Q3 2016

Revenue of EUR 2,743m

Revenue 9M 2017 of EUR 6,834m – on par with 2016

EBIT of EUR 355m

EBIT decreased 18 percent compared to Q3 2016

Service revenue continues to increase

Revenue increased 18 percent with an EBIT margin of 17.9 percent

Free cash flow* reached EUR 193m

Free cash flow* improved 25 percent year-on-year

 

Outlook 2017

Guidance for 2017 adjusted – mainly based on visibility for the remainder of the year

*) Before investments in marketable securities and short-term financial investments, and incl. proceeds of EUR 99m from sale of office building facilities.

 

 

Information meeting (audiocast)

Today, Thursday 9 November 2017 at 10 a.m. CET (9 a.m. GMT), Vestas will host an information meeting via an audiocast. The audiocast will be accessible via vestas.com/investor. 

The meeting will be held in English and questions may be asked through a conference call.  

The telephone numbers for the conference call are:  

Europe:  +44 203 008 9810

USA:       +1 855 8315 947

Denmark:  +45 3544 5575 

Presentation material for the information meeting will be available at vestas.com/investor approximately one hour before the meeting.

 

Contact details

Vestas Wind Systems A/S, Denmark

Hans Martin Smith, Senior Vice President,

Group Treasury and Investor Relations

Tel: +45 9730 8209

Patrik Setterberg,

Investor Relations

Tel: +45 6122 1913

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
18 feb
VWS
"Under disse betingelser opviser Vestas en stærk 2017-performance, hvor vi atter var industriførende..
11
16 feb
VWS
International company to use wind turbine testing rig. A 15-megawatt wind turbine testing rig — the ..
10
15 feb
VWS
Du er fucking være end min spam mail 👎👎👎
10
18 feb
VWS
Børsen har (efter min mening) en skjult agenda versus Vestas, det kan kun de færreste være i tvivl o..
8
14 feb
VWS
Vestas har en ordrebeholdning på små 150 milliarder kroner ialt på møller og service, og udsigterne ..
7
20 feb
VWS
1300MW i 4 forskellige projekter på vej, både som nye og i renovation af ældre møller. Der står dog ..
6
20 feb
VWS
Miffen har svært ved at forstå....   Vi andre har svært ved at forstå, at du skirver om dig selv  i ..
6
15 feb
VWS
Også hvis du beregner Mitsubishi med ? Tror nu ikke det er hvem der kan pisse længst tid der betyder..
6
20 feb
VWS
Miffen skriver og taler på børnehave niveau ved at omtale sit navn/sig selv på den måde.
5
20 feb
VWS
Vestas Fires Back in GE Wind Turbine Lawsuit. Vestas has responded to GE’s patent infringement lawsu..
5

Vestas vinder mølleordre i USA

21-02-2018 13:57:11
Vestas har fået en ordre på 50 megawatt (MW) i USA. Ordren er på V136-3,45 MW-møllen, der er optimeret til 3,6 MW.Den mølletype har siden oktober 2017 givet Vestas en samlet ordreindgang i USA på mere end 900 MW.Det oplyser Vestas i en meddelelse.Kontrakten med kunden, der har ønsket at være anonym, omfatter levering og installation samt idriftsættelse af møllerne, og der er også en flerårig servi..

Vestas henter italiensk ordre på 57 MW - NY

21-02-2018 11:18:47
Vestas har modtaget en bestilling på vindmøller med en samlet kapacitet på 57 megawatt (MW) til et projekt i Italien.Kunden er energiselskabet E.On.Det fremgår af en meddelelse onsdag formiddag.Ordren omfatter 19 styk V112-3,0 MW-møller, og kontrakten er resultatet af et udbud over italienske vindmølleprojekter, og det såkaldte Morcone-projekt, som møllerne skal bruges til, bliver et af de største..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Mærsk/Sydbank: Aktionærer kan se frem til udbetaling i 2018 eller 2019
2
Aktier/tendens: Vestas, Genmab og Mærsk kan komme i fokus
3
Vestas vinder mølleordre i USA
4
Genmab/Sydbank: Stærk Darzalex-prognose bør sende aktien op
5
Genmab: Darzalex-salget i USA steg med 6,2 pct. i januar

Relaterede aktiekurser

Vestas Wind Systems A/S 443,20 -0,9% Fald i aktiekurs
Vestas Wind Systems 66,40 0,0% Aktiekurs uændret

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Copyright Euroinvestor A/S 2018  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
22. februar 2018 00:20:37
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20180219.1 - EUROWEB1 - 2018-02-22 00:20:37 - 2018-02-22 00:20:37 - 1 - Website: OKAY