The earnings call highlighted significant revenue and order intake growth, improved EBIT margin, and positive developments in service backlog. However, challenges in the U.S. market due to policy and tariff uncertainties, increased injuries, and negative free cash flow balanced the positive aspects.

Company Guidance -

Q1 2025

In the Q1 2025 call, Henrik Andersen highlighted Vestas' strong performance, reporting a 29% year-on-year revenue increase to €3.5 billion, driven by higher activity and pricing in Power Solutions. The EBIT margin was positive at 0.4%, and the order intake rose by 36% year-on-year to 3.1-gigawatts, with strong offshore momentum. The service segment showed progress, with a backlog increasing to nearly €37 billion and an active service contract base of 157-gigawatts. The average selling price increased to €1.4 million per megawatt. Sustainability efforts led to turbines expected to avoid 490 million tons of emissions over their lifetime. Vestas maintained its FY 2025 outlook, projecting revenue of €18-€20 billion and an EBIT margin of 4%-7%, while addressing tariff uncertainties and ongoing geopolitical challenges.

Strong Revenue Growth

Q1 2025 revenue reached €3.5 billion, an increase of 29% year-on-year driven by higher activity and pricing in Power Solution.

Improved EBIT Margin

EBIT margin ended at a positive 0.4%, marking an improvement of almost 3 percentage points year-on-year.

Order Intake Growth

Order intake was 3.1-gigawatt, a 36% increase year-on-year, driven by strong momentum in offshore and EMEA onshore.

Service Backlog Growth

Service backlog increased to €37 billion, up from €34 billion a year ago, with Service reaching 157-gigawatt under contract.

Reduction in Warranty Costs

Warranty costs decreased to 3.4% of revenue, an improvement from 4.3% last year.

Positive Operating Cash Flow

Operating cash flow was positive at €28 million, a major improvement compared to the previous year.

Vestas Wind Systems (GB:0NMK) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GB:0NMK Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 13, 2025	2025 (Q2)	0.29 / -	-0.16	―	―	―
May 06, 2025	2025 (Q1)	-0.21 / 0.00	-0.522	―	―	―
Feb 05, 2025	2024 (Q4)	3.53 / 3.73	1.119	233.33% (+2.61)	―	―
Nov 05, 2024	2024 (Q3)	1.78 / 0.97	0.224	333.33% (+0.75)	―	―
Aug 14, 2024	2024 (Q2)	0.32 / -1.19	-0.895	-33.33% (-0.30)	―	―
May 02, 2024	2024 (Q1)	0.13 / -0.52	0.075	-800.00% (-0.60)	―	―
Feb 07, 2024	2023 (Q4)	0.78 / 1.12	-4.394	125.47% (+5.51)	―	―
Nov 08, 2023	2023 (Q3)	0.06 / 0.22	-1.119	120.00% (+1.34)	―	―
Aug 09, 2023	2023 (Q2)	-0.56 / -0.90	-5.968	85.00% (+5.07)	―	―
May 10, 2023	2023 (Q1)	-0.45 / 0.07	-4.476	101.67% (+4.55)	―	―

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

GB:0NMK Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 06, 2025	kr88.38	kr95.04	+7.54%
Feb 05, 2025	kr98.44	kr105.15	+6.82%
Nov 05, 2024	kr135.07	kr121.15	-10.31%
Aug 14, 2024	kr156.59	kr156.50	-0.06%

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.

FAQ

When does Vestas Wind Systems (GB:0NMK) report earnings?

Vestas Wind Systems (GB:0NMK) is schdueled to report earning on Aug 13, 2025, Before Open (Confirmed).

What is Vestas Wind Systems (GB:0NMK) earnings time?

Vestas Wind Systems (GB:0NMK) earnings time is at Aug 13, 2025, Before Open (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 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 2025 (Q2) is 0.29.

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