Vestas Wind Systems AS
VWS: XCSE (DNK)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| bS@ | LOCK|s$ | LOCK|V!h<#wr |
Vestas Earnings: Offshore Wind Ramp-Up Weighs on Profitability; Guidance Confirmed
Vestas reported second-quarter adjusted operating profit of EUR 57 million, 36% below the company-compiled consensus of EUR 89 million, as offshore ramp-up costs led to a power solutions’ adjusted EBIT margin of negative 0.4%. Management reaffirmed its targets for the full year.
