The earnings call presented a mixed view with significant revenue growth and improvements in profitability and service expansion, but there were notable challenges including a decline in order intake, EBIT margin pressures, and increased safety incidents.

Company Guidance -

Q3 2025

In Vestas' Q2 2025 investor presentation, key metrics highlighted include a 14% year-on-year revenue increase to EUR 3.7 billion, with an EBIT margin of 1.5%. The order intake was 2 gigawatts, down 44% from the previous year, influenced by U.S. policy uncertainties. The return on capital employed improved to 11.5%, the highest since 2020. The Service order backlog rose to EUR 36 billion, covering 159 gigawatts under service, while the commercial reset and cost control efforts are ongoing. Vestas maintained its 2025 outlook with a revenue target of EUR 18-20 billion and an EBIT margin of 4-7%. Additionally, the company highlighted improved warranty costs, with provisions at 3.1% of revenue, down from 4.3% the previous year.

Revenue Growth

The quarter ended with a revenue of EUR 3.7 billion, an increase of 14% year-on-year.

Improved Profitability

Return on capital employed improved to 11.5%, the highest since 2020, indicating better profitability over the past 12 months.

Service Segment Expansion

Service order backlog increased to EUR 36 billion, and the service gigawatt under service reached 159 gigawatts, up from 151 gigawatts a year ago.

Nacelle Manufacturing in Poland

The first V236 nacelle was assembled at the facility in Poland, marking progress in the offshore ramp-up.

Sustainability Achievements

Turbines produced and shipped in the last 12 months are expected to avoid 480 million tonnes of greenhouse gas emissions over their lifetime.

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
Nov 05, 2025	2025 (Q3)	1.68 / -	0.97	―	―	―
Aug 13, 2025	2025 (Q2)	0.38 / 0.22	-1.194	118.75% (+1.42)	―	―
May 06, 2025	2025 (Q1)	-0.21 / 0.00	-0.522	―	―	―
Feb 05, 2025	2024 (Q4)	3.53 / 3.73	1.12	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	-0.896	-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	-4.396	125.47% (+5.52)	―	―
Nov 08, 2023	2023 (Q3)	0.06 / 0.22	-1.12	120.00% (+1.34)	―	―
Aug 09, 2023	2023 (Q2)	-0.56 / -0.90	-5.971	85.00% (+5.08)	―	―

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
Aug 13, 2025	kr115.71	kr114.90	-0.70%
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%

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 Nov 05, 2025, Before Open (Confirmed).

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

Vestas Wind Systems (GB:0NMK) earnings time is at Nov 05, 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 (Q3) is 1.68.

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