Vestas Wind Systems A-S: Strong Order Book Boosts Confidence Amid European Market Caution

On Tuesday, May 13, 2025, Vestas Wind Systems A-S, a leading company in the electrical equipment industry specializing in wind turbines, announced significant new orders in Germany, reinforcing its strong position in the renewable energy sector. The company, listed on the OMX Nordic Exchange Copenhagen AS, reported a 48 MW order from ABO Energy for the Schierenberg project, utilizing the V150-6.0 MW turbine variant. This order is part of Vestas’ Q2 intake and includes a 20-year service agreement, with delivery and commissioning scheduled for the near future.

In addition to the 48 MW order, Vestas secured two more contracts in Germany, bringing its firm order intake for onshore 7+ MW variants to over 1 GW. These include the 22 MW Weisendorf project and the 14 MW Bernau Albertshof II project. These developments highlight Vestas’ robust demand for its high-capacity turbines and its strategic focus on expanding its footprint in the European market.

Despite these positive developments for Vestas, European stock markets exhibited caution on the same day. The Stoxx 600 index saw limited gains, trading 0.2% higher at 545.62 by lunchtime, as investors remained cautious following a recent rally driven by easing trade tensions between the US and China. This cautious sentiment was reflected across major European indices, with markets unable to sustain the momentum seen in the US.

The broader market context saw capital flowing back to the US, as European markets struggled to match the strong performance of their American counterparts. This shift was attributed to the de-escalation of the US-China trade dispute, which prompted investors to reallocate funds to US equities.

Vestas’ recent order announcements come at a time when the company’s financial fundamentals remain strong. As of May 8, 2025, Vestas’ share price stood at 98.7 DKK, with a 52-week high of 206 DKK and a low of 81.14 DKK. The company’s market capitalization was reported at 11.79 billion DKK, and it maintained a price-earnings ratio of 25.44.

These developments underscore Vestas’ continued leadership in the wind energy sector and its ability to secure significant contracts despite broader market uncertainties. The company’s focus on high-capacity turbine variants and long-term service agreements positions it well for sustained growth in the renewable energy market.