Wind turbine manufacturer and servicer Vestas (VWS.DK) has plunged nearly 12%. The company is struggling with high debt levels, falling profitability. Now investors are worried that a Trump-led America will move away from betting on wind turbines, generously subsidized by the previously ruling Democrats. Shares of rival Ørsted (ORST.DK) are also losing ground on the wave of these fears.
- Vestas warned yesterday that its profit margin for this year is likely to be at the lower end of its forecast range due to high costs. The company's shares have fallen nearly 50% since the start of the year, in the face of inflation, supply chain and market competition, the future size and scale of government support of which is difficult to estimate. JPMorgan believes that the outcome of the U.S. election for the company will be more important than disappointing quarterly results.
- Trump has promised that if he becomes president, on his first day in office he will scrap offshore wind projects via executive order, citing environmental damage. However, Vestas maintains that it is ready to cooperate with any president, even Trump.
- Operating profit came in at 235 million euros against 352 million euros forecast. The company expects full-year operating profit margins at the lower end of the 4-5% range and expects revenues of 16.5 billion to 17.5 billion euros. The services business is expected to generate an operating profit of €450 million versus a previous estimate of €500 million.
Vestas shares (VWS.DK), D1 interval
Source: xStation5
TSMC Earnings Preview: Will the Key Semiconductor Supplier Surprise the Market?
US Open: American Indices Rally on Anticipated End of Fed Balance Sheet Reduction
Bank of America, Wells Fargo, and Morgan Stanley: Q3 2025 Earnings Overview
Abbott reports no surprises in Q3, but tariff risks and lowered forecasts drag the share price down💡
The material on this page does not constitute as financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other particular needs.
All the information provided, including opinions, market research, mathematical results and technical analyses published on the website or transmitted to you by other means is provided for information purposes only and should in no event be interpreted as an offer of, or solicitation for, a transaction in any financial instrument, nor should the information provided be construed as advice of legal or fiscal nature.
Any investment decisions you make shall be based exclusively on your level of understanding, investment objectives, financial situation or any other particular needs. Any decision to act on information published on the website or transmitted to you by other means is entirely at your own risk. You are solely responsible for such decisions.
If you are in doubt or are not sure that you understand a particular product, instrument, service, or transaction, you should seek professional or legal advice before trading.
Investing in OTC Derivatives carries a high degree of risk, as they are leveraged based products and often small movements in the market could lead to much larger movements in the value of your investment and this could work against you or for you. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice.
