Last €25.07 EUR
Change Today -1.62 / -6.07%
Volume 11.8K
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vestas wind systems a/s (VWS) Snapshot

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vestas wind systems a/s (VWS) Details

Vestas Wind Systems A/S engages in the manufacture and sale of wind turbines and wind power systems worldwide. It also offers wind project planning, procurement, construction, operation, and power plant optimization services; and after sale services, as well as sells spare parts. The company was founded in 1898 and is headquartered in Aarhus N, Denmark.

17,586 Employees
Last Reported Date: 08/20/14
Founded in 1898

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vestas wind systems a/s (VWS) Key Developments

Vestas Wind Systems A/S Receives Supply Contract from Taxway for Kiyu Wind Farm in Uruguay

Vestas Wind Systems A/S announced that it has received a contract from Taxway S.A., to supply 16 V112-3.0 MW turbines for the Kiyu wind farm in Uruguay. The wind turbines are scheduled to be delivered in the first quarter of 2015 and commissioned by the end of the year. The 49 MW contract comprises delivery, installation and commissioning of the turbines as well as a five-year service agreement (AOM 4000), which guarantees turbine availability. This service option includes the VestasOnline surveillance system to remotely control and monitor the turbines as well as enable Vestas to carry out predictive maintenance so the turbines are operational for the maximum amount of time. Once installed, the Kiyu wind power plant will have an estimated annual production of approximately 187,000 MWh, generating green electricity for more than 170,000 people in Uruguay, roughly 5% of the country's population.

Vestas Wind Systems A/S Receives 79 MW Order in Sweden

Vestas has received a firm and unconditional order for 24 V112-3.3 MW turbines including Vestas De-icing System (VDS) for a project in Sweden. Project name is Fabodliden at Vasterbotten, Sweden. The project is about 79.2 MW. Number of turbines/turbine type(s) are 24 x V112-3.3 MW turbines. The order comprises supply, installation and commissioning of the wind turbines and includes the Vestas De-icing System. In addition, the order includes a VestasOnline® Business SCADA solution as well as a 3-year Active Output Management (AOM 4000) service agreement.

Vestas Wind Systems A/S Receives 110 MW Order in Texas

Vestas Wind Systems A/S has received a firm and unconditional order in the United States for 55 V110-2.0 MW turbines corresponding to 110 MW.


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Valuation VWS Industry Range
Price/Earnings 21.9x
Price/Sales 0.8x
Price/Book 2.6x
Price/Cash Flow 23.4x
TEV/Sales 0.6x

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