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Vestas Wind Systems A/S (UK) (GB:0NMK)
:0NMK
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Earnings Data
Report Date
Feb 05, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
3.44Last Year’s EPS
1.12Same Quarter Last Year
Moderate Buy
Based on 15 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2018
|% Change Since: -29.05%
|Next Earnings Date:Aug 15, 2018
Earnings Call Sentiment|Neutral
The earnings call presents a mixed sentiment with significant positives such as strong revenue growth, improved EBIT margin, and a record order backlog. However, these are balanced by challenges in the Service segment, increased warranty costs, and operational inefficiencies due to ramp-up challenges.Company Guidance
In the call discussing Q3 2024, Vestas outlined a revenue of €5.2 billion, marking a 19% increase year-on-year driven by higher prices and volumes. The EBIT margin stood at 4.5%, with an improvement of almost 3 percentage points from the previous year, partly due to better vendor performance. The Service EBIT margin was 16%, reflecting efforts to enhance operational efficiency. Order intake was stable at 4.4 gigawatts, maintaining a turbine backlog exceeding €28 billion. For 2024, Vestas maintained its revenue guidance of €16.5 billion to €17.5 billion and EBIT margin of 4% to 5%, with adjustments to the Service EBIT forecast. Investments were projected at approximately €1 billion. The company highlighted ongoing challenges in the global business environment, including stable raw material and transport costs but persistent inflation in certain areas. Operational efficiency improvements and organizational changes were emphasized as part of the strategy to address high costs in the Service segment.Strong Revenue Growth
Revenue increased by 19% year-on-year, reaching €5.2 billion, driven by higher prices and volumes in deliveries.
Improved EBIT Margin
EBIT margin improved by almost 3 percentage points year-on-year, reaching 4.5% due to better underlying performance.
Record Order Backlog
Order backlog reached an all-time high of €28.3 billion, up almost €7 billion compared to last year.
Service Order Backlog Growth
Service order backlog increased to €35.1 billion, up from €32.4 billion a year ago.
Operational Efficiency in Service
Service EBIT margin ended at 16%, reflecting ongoing efforts to improve operational efficiency.
Carbon Emissions Reduction
Lifetime CO2 avoided by produced and shipped capacity increased by 45 million tons compared to a year ago.
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GB:0NMK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GB:0NMK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 05, 2024 | kr135.92 | kr121.90 | -10.31% |
| Aug 14, 2024 | kr157.57 | kr157.48 | -0.06% |
| May 02, 2024 | kr187.45 | kr179.21 | -4.40% |
| Feb 07, 2024 | kr189.32 | kr200.23 | +5.76% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Vestas Wind Systems A/S (UK) (GB:0NMK) report earnings?
Vestas Wind Systems A/S (UK) (GB:0NMK) is schdueled to report earning on Feb 05, 2025, TBA Not Confirmed.
What is Vestas Wind Systems A/S (UK) (GB:0NMK) earnings time?
Vestas Wind Systems A/S (UK) (GB:0NMK) earnings time is at Feb 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Vestas Wind Systems A/S (UK) stock?
The P/E ratio of Vestas Wind Systems is N/A.
What is GB:0NMK EPS forecast?
GB:0NMK EPS forecast for the fiscal quarter 2024 (Q4) is 3.44.
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