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Vestas Wind Systems A/S

Copenhagen Stock Exchange:VWS.CO

Location

Denmark

Market Cap

USD 16.41 B

Share Price

USD 16.29

Avg Daily Volume

3,740,133

Change (1 day)

1.26%

Change (1 year)

-35.25%

Change (YTD)

19.39%

Vestas Wind Systems A/S Research and Development (R&D) Expenses for the year ending December 31, 2024: USD 393.49 M

Vestas Wind Systems A/S Research and Development (R&D) Expenses is USD 393.49 M for the year ending December 31, 2024, a -3.91% change year over year. Research and development (R&D) expenses are the costs associated with the development of new products, technologies, or improvements to existing products.
  • Vestas Wind Systems A/S Research and Development (R&D) Expenses for the year ending December 31, 2023 was USD 409.49 M, a -16.25% change year over year.
  • Vestas Wind Systems A/S Research and Development (R&D) Expenses for the year ending December 31, 2022 was USD 488.96 M, a 18.00% change year over year.
  • Vestas Wind Systems A/S Research and Development (R&D) Expenses for the year ending December 31, 2021 was USD 414.36 M, a 28.00% change year over year.
  • Vestas Wind Systems A/S Research and Development (R&D) Expenses for the year ending December 31, 2020 was USD 323.72 M, a 7.63% change year over year.
Key data
Date Research and Development (R&D) Expenses Revenue Revenue Gross Profit
Market news
Copenhagen Stock Exchange: VWS.CO

Vestas Wind Systems A/S

CEO Mr. Henrik Andersen
IPO Date May 10, 2000
Location Denmark
Headquarters Hedeager 42
Employees 35,927
Sector ⚡️ Energy
Industries
Wind Energy
🌞 Renewables
Description

Vestas Wind Systems A/S engages in the design, manufacture, installation, and services of wind turbines the United States, the United Kingdom, Denmark, and internationally. The company operates in two segments, Power Solutions and Service. The Power Solutions segment offers onshore and offshore wind power plants, wind turbines, development sites, etc. The Service segment engages in the sale of service contracts, spare parts, and related activities. The company was founded in 1898 and is headquartered in Aarhus, Denmark.

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