Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Denmark
  4. Nasdaq Copenhagen
  5. Vestas Wind Systems A/S
  6. News
  7. Summary
    VWS   DK0061539921

VESTAS WIND SYSTEMS A/S

(VWS)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Japanese Government Selects Vestas for the Supply Chain Investment Program

07/22/2021 | 01:51am EDT

Vestas has been selected as one of the successful applicants for Japan'sMinistry of Economy, Trade and Industry (METI) subsidy program, known as the Program for Promoting Investment in Japan to Strengthen Supply Chains (Second Call). Providing a total sum of JPY 209.5 billion, the program aims to strengthen the country's supply chain networks through supporting essential products, parts, and materials, and also minimize the risk of supply chain disruption due to COVID-19. The eligible products include green energy products such as offshore wind turbine parts and components. In order to enhance the country's existing wind energy supply chain, Vestas plans to develop a manufacturing assembly facility in Japan under this program, subject to being selected by successful clients bidding in the upcoming annual auction, and the sufficient volume it brings each year. The facility would provide a module and assembly for offshore wind turbine nacelles, as well as a continuous improvement function leveraging advanced manufacturing technology in Japan. Out of 272 qualified applications, Vestas is one of the 151 companies that were selected through a rigorous screening process. Vestas is one of 7 other applicants offering offshore wind energy solutions. Out of 272 qualified applications, Vestas is one of the 151 companies that were selected through a rigorous screening process. Vestas is one of 7 other applicants offering offshore wind energy solutions. Depending on the demand and cost-competitiveness of Japan's wind energy market, working closely with MHI Vestas Japan Co. Ltd. (the joint venture between Mitsubishi Heavy Industries Ltd. and Vestas), Vestas will consider establishing other parts of its regional supply chain in the country. Vestas held its inaugural Japan Suppliers' Day in April this year, strengthening its global supply chain footprint. The event aimed to continue advocacy for the country's promising supply chain.


ę S&P Capital IQ 2021
All news about VESTAS WIND SYSTEMS A/S
04:31aVESTAS WIND A/S : Systems Secures 101-MW Contract from India's ReNew Power
MT
04:02aVESTAS WIND A/S : wins 101 MW order from ReNew Power in India
AQ
01:58aS&P Expects Record Offshore Installations In Europe For 2021
MT
09/20VESTAS WIND A/S : Systems To Halt Production At Three Factories In Germany, Spain, Denmark
MT
09/20VESTAS WIND A/S : To meet the manufacturing requirements of our changing product portfolio..
AQ
09/20Vestas Wind Systems A/S Intends to Cease Production At Three European Factories to Meet..
CI
09/16VESTAS WIND A/S : partners with Vitol Wind on a 240 MW repowering project in the USA
AQ
09/16Vestas Partners with Vitol Wind on A 240 MW Repowering Project in the USA
CI
09/16VESTAS WIND A/S : adds trio of Polish projects totalling 70 MW in orders
AQ
09/16Vestas Adds Trio of Polish Projects Totalling 70 MW in Orders
CI
More news
Analyst Recommendations on VESTAS WIND SYSTEMS A/S
More recommendations
Financials
Sales 2021 16 010 M 18 760 M 18 760 M
Net income 2021 652 M 763 M 763 M
Net cash 2021 1 657 M 1 941 M 1 941 M
P/E ratio 2021 48,9x
Yield 2021 0,61%
Capitalization 33 938 M 39 798 M 39 767 M
EV / Sales 2021 2,02x
EV / Sales 2022 1,87x
Nbr of Employees 29 081
Free-Float 99,5%
Chart VESTAS WIND SYSTEMS A/S
Duration : Period :
Vestas Wind Systems A/S Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 20
Last Close Price 33,79 €
Average target price 33,89 €
Spread / Average Target 0,29%
EPS Revisions
Managers and Directors
Henrik Andersen President & Group Chief Executive Officer
Marika Fredriksson Chief Financial Officer & Executive Vice President
Bert ┼ke Stefan Nordberg Chairman
Anders Nielsen Chief Technology Officer & EVP-Power Solutions
Tommy Rahbek Nielsen Chief Operating Officer