Vestas Wind Systems A-S Reports Strong Q1 Performance
COPENHAGEN — Vestas Wind Systems A-S, a leading company in the electrical equipment industry, has reported a robust first quarter, marked by significant revenue growth and a return to profitability. The Danish wind turbine manufacturer, listed on the OMX Nordic Exchange Copenhagen AS, has seen its shares rise following the announcement of strong Q1 deliveries and financial results.
Financial Highlights
In the first quarter of 2025, Vestas achieved a net profit, reversing a loss from the same period last year. The company’s revenue climbed significantly, driven primarily by an increase in megawatts (MW) delivered through its Power Solutions segment. This performance has led to a positive operational and net profit after taxes. The company’s interim report for the first quarter of 2025 highlighted a quarterly revenue of EUR 3.5 billion, with an EBIT margin before special items of 0.4 percent. Order intake reached EUR 3.9 billion, contributing to a combined order backlog of EUR 69.8 billion. Despite global uncertainties, Vestas has maintained its full-year earnings forecast.
Market Reaction
The positive financial results have been well-received by the market, with shares of Vestas Wind Systems rising on the news. The company’s ability to execute on its turnaround plan, despite recent years of steep losses, has bolstered investor confidence. Vestas’ market capitalization stands at 11,790,000,000 DKK, with a price-to-earnings ratio of 25.44.
Operational Insights
Vestas operates through two main segments: Power Solutions, which focuses on the sale of wind power plants and turbines, and Service, which provides maintenance and repairs. The company’s success in the first quarter is attributed to its strategic focus on increasing MW deliveries and expanding its service offerings.
Future Outlook
Vestas has maintained its annual outlook, demonstrating confidence in its strategic direction and operational capabilities. The company continues to navigate global uncertainties while focusing on sustainable growth and innovation in the wind energy sector.
For more information on Vestas Wind Systems A-S and its products and services, visit their website at www.vestas.com .