In connection with Vestas' publication of the Group's financial results, President and CEO Ditlev Engel is interviewed by different global media. View the latest interviews here.
Q3 2009
28 October 2009
CNN
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© 2009 CNN Business Video. All Rights Reserved.
27 October 2009
BBC World
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© 2009 BBC World Business Video. All Rights Reserved.
Bloomberg
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© 2009 Bloomberg TV Business Video. All Rights Reserved.
Q2 2009, 18 August 2009
CNN International
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© 2009 CNN International Business Video. All Rights Reserved.
Bloomberg TV
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© 2009 Bloomberg TV Business Video. All Rights Reserved.
BBC World
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© 2009 BBC World Business Video. All Rights Reserved.
CNBC Europe
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© 2009 CNBC Europe Business Video. All Rights Reserved.
CNN Money, 7 May 2009
© 2009 CNN International Business Video. All Rights Reserved.
Q1 2009, 28 April 2009
CNN International "Quest means Business"
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© 2009 CNN International Business Video. All Rights Reserved.
BBC World
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© 2009 BBC World Business Video. All Rights Reserved.
Bloomberg "Bloomberg on the Markets"
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© 2009 Bloomberg TV Business Video. All Rights Reserved.
CNBC Europe "Squawk Box"
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© 2009 CNBC Europe Business Video. All Rights Reserved.
Annual Report 2008, 11 Februar 2009
"CEO Spotlight" by Forbes
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© 2009 Forbes Video Network. All Rights Reserved.
Q3 2008, 6 November 2008
“World News Today Business Edition” by BBC World
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© 2008 BBC World Business Video. All Rights Reserved.
"Inside Business" by Bloomberg TV
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© 2008 Bloomberg TV Business Video. All Rights Reserved.
"Squawk Box Europe" by CNBC Europe
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© 2008 CNBC Europe Business Video. All Rights Reserved.
21 August 2008
Fox Business Network
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© 2008 Fox Business Network Video. All Rights Reserved.
Q2 2008, 15 August 2008
"Squawk Box Europe" by CNBC Europe
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© 2008 CNBC Europe Business Video. All Rights Reserved.
"Inside Business" by Bloomberg TV
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© 2008 Bloomberg TV Business Video. All Rights Reserved.
Q1 2008, 8 May 2008
Business International” by CNN International:
- Vestas maintains full expectations for 2008.
- Competition increases due to high potential in the wind industry.
- Wind can help to combat the energy, climate and water challenges in the world.
- Long-term political planning is vital for the proper development of the wind industry.
- In a world with continuously increasing oil prices, Vestas value proposition keeps becoming more attractive.
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© 2008 CNN International Business Video. All Rights Reserved.
“World Business Report” by BBC World:
- The US market is expanding fast. This growth is supported by the 25 States Renewable Portfolio Standards.
- Vestas expects that by the end of this year the PTC in the US will be extended for one year.
- Vestas comments on the challenges of the wind industry to meet the growing demand.
- Vestas announces the establishment of the world’s largest tower factory in Colorado, US.
- The Chinese market is one of the fastest growing markets. Vestas is to build a factory in Inner Mongolia.
- Over the last 3 years, Vestas has invested EUR 1.5 billion in organic growth.
- 2/3 of the energy consumed in Vestas comes from green energies.
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© 2008 BBC World Business Video. All Rights Reserved.
“Emerging Markets” by Bloomberg TV:
- Vestas’ earnings increase in the first quarter for 2008 is based on the growth experienced worldwide.
- Major growth drivers are: increasing oils prices, CO2 challenges and water related issues.
- Vestas’ offshore turbine is back on the market.
- In spite of the rising media coverage of offshore, onshore will still continue to drive the wind industry.
- Vestas is working closely with suppliers to reach the target of 10,000 MW by 2010.
- In 2007, China was Vestas’ third largest market. Today the company announced a new factory in Inner Mongolia.
- Vestas is to establish the world’s largest tower factory in the US.
- By the end of 2008, Vestas will have invested EUR 1.5 billion in organic growth.
- As Vestas’ worldwide revenues come in different currencies, the company reduces the impact of currency fluctuations.
- Raw material prices will continue to be a challenge for the industry.
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© 2008 Bloomberg TV Business Video. All Rights Reserved.
“Power Lunch” by CNBC Europe:
- In spite of fluctuations between quarters, Vestas maintains full year expectations for 2008.
- Vestas estimates a 25 per cent market share for 2008.
- Competition in the Chinese market is moving fast.
- China is becoming an even more important market for Vestas. Having already 7 factories in the country, a new factory is to be established in Inner Mongolia.
- In spite of the low dollar price, Vestas is to establish the world’s largest tower factory in the US.
- Sensing a different political view on modern energy in the US, Vestas is positive about the future development in the US market.
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© 2008 CNBC Europe Business Video. All Rights Reserved.
Annual Report 2007, 27 February 2008
"World Business Report" by BBC World:
- Being the third largest market after the US and Europe, competition in the Chinese market is increasing
- The Chinese Government has increased its renewable energy targets from 7 per cent to 15 per cent
- Over the past two and a half years, the number of Vestas employees in China has risen from 60 to 1,300 and Vestas production facilities have gone up to 10
- Vestas’ wind power technology is continuously improving
- Vestas is experiencing a global growth
- Five per cent of the current Vestas revenues come from service
© 2008 BBC World Business Video. All Rights Reserved.
"Inside Business" by Bloomberg TV:
- Orders are coming in from different parts of the world, primarily from major utilities and major energy companies
- Vestas Q4 profit for 2007 rise 80 per cent on increased demand for turbines
- With oil prices exceeding USD 100, people will have to make other estimates of the future energy prices
- It is important that suppliers make money to ensure that they also invest in expanding their operations
- Vestas expands its activities outside the Eurozone
- The UK has excellent onshore wind opportunities
- Vestas has ramped up capacity in China and in the US in the last 3 years
© 2008 Bloomberg Business Video. All Rights Reserved.
Q3 2007, 6 November 2007
"Squawk Box Europe" by CNBC:
- Vestas' outlook for 2007 and forecast for 2008
- Increasing competition in the wind industry
- Vestas' investment levels for 2008
- Vestas' employee bonus scheme for 2008
- Wind potential to become an energy source on par with oil and gas
- Vestas' focus on organic growth
© 2007 CNBC/Dow Jones Business Video. All Rights Reserved.
"Focus" by Bloomberg TV:
- Vestas' profit more than triples compared to last year
- Increasing performance of Vestas shares (193 per cent increase in the last 12 months)
- Drivers: Focus on wind energy, rising oil prices, CO2 discussion
- Vestas' implementation of Six Sigma to improve professionalism
- Wind power as modern energy
- Wind is today the most competitive energy of the so-called alternative energies
- A fund manager points out that the challenge lies within the ability to grow the supply chain to cope with demand; wind is today the scalable competitive offering technology; wind can help to meet the targets defined by governments
© 2007 Bloomberg Business Video. All Rights Reserved.
"World Business Report" by BBC World:
- Vestas' focus on increasing professionalism of the company and its suppliers
- Wind power as modern energy
- Potential for wind by 2020: To cover 10 per cent of the world's electricity consumption
- Wind competitiveness when oil prices are about USD 49 per barrel
- Long-term planning is needed to meet the EU objectives for 2020
- Advantages of wind power concerning water consumption and waste
- Vestas' global campaign about modern energy
© 2007 BBC World Business Video. All Rights Reserved.
Q2 2007, 21 August 2007
"World Business Report" by BBC World:
- Vestas’ technology improvements during the past years
- Wind competitiveness
- Wind as a Modern Energy
- Increasing global interest in wind energy
- Competition in the wind industry governmental initiatives taken around the world to support wind energy
© 2007 BBC World Business Video. All Rights Reserved.
"Worldwide Exchange" by CNBC:
- Vestas’ investments in 2007
- Vestas as the No. 1 in Modern Energy
- Vestas’ role as supplier of modern energy in different parts of the world
- Continuous increase in Vestas’ number of employees worldwide
- Main challenges going forward
© 2007 CNBC/Dow Jones Business Video. All Rights Reserved
"Morning News 3" by Bloomberg TV:
- General demand for wind turbines in the future
- Competition in the wind industry
- Expected EBIT for the end of the year
- Cooperation with our suppliers to keep up with the demand
- Most demanded turbine type
- Pricing power and Vestas' efficiency gain the future
- Forecast 2007 and goals for 2008
© Bloomberg L.P. 2007. All rights reserved. Used with permission.
Q1 2007, 15 May 2007
"Business International" by CNN:
- Q1 result
- General demand for wind turbines going forward
- Critics to turbines
- Wind power’s role in the increasing demand for energy
© 2007 CNN. All rights reserved. Usage of CNN material does not constitute an implied or expressed endorsement by CNN.
Bloomberg TV UK:
- Q1 EBIT and sales
- Full-year expectations
- Drivers for wind power
- Market share
- Consolidation within the industry
- Main challenges going forward
© Bloomberg L.P. 2007. All rights reserved. Used with permission.
“Power Lunch” by CNBC Europe:
- Q1 EBIT – below financial analysts’ expectations
- Full-year expectations
- The general high interest in green issues
- Components shortage
© 2007 CNBC/Dow Jones Business Video. All Rights Reserved
