Vestas Wind Systems AS
VWS: XCSE (DNK)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|pS | LOCK|g@ | LOCK|P><m&$z |
Vestas Earnings: Strong Onshore Execution Supports Margin Expansion
Vestas reported third-quarter adjusted operating profit of EUR 416 million, up 77% year over year and ahead of the company-compiled consensus of EUR 305 million. Management narrowed its full-year EBIT margin guidance to 5%–6% from 4%–7% and announced a EUR 150 million share buyback.
