Consensus as at 18 November 2021

Financials (mEUR)   Average High Low # est.   Average High Low # est.   Average High Low # est.
    2021 2021 2021 2021   2022 2022 2022 2022   2023 2023 2023 2023
Total Revenue   16.029 16.488 15.617 16   16.886 18.075 15.070 16   16.903 18.868 14.287 16
Revenue, Power solutions   11.502 12.474 11.105 16   12.286 13.428 11.201 16   12.544 14.165 9.109 16
Revenue, Offshore   2.143 2.594 1.200 16   1.960 2.826 1.120 16   1.494 2.400 776 16
Revenue, Service   2.384 2.438 2.219 16   2.639 2.864 2.397 16   2.865 3.096 2.589 16
                               
Gross profit   1.798 2.313 1.687 14   1.998 2.449 1.619 14   2.402 3.120 1.856 14
                               
EBITDA before special items   1.532 1.657 1.382 15   1.687 1.996 1.405 15   2.113 2.507 1.456 15
                               
EBIT before special items   653 693 622 16   798 980 568 16   1.191 1.563 758 16
EBIT, WTG   334 463 72 16   392 543 139 16   709 1.123 285 15
EBIT, Service   589 627 555 16   667 745 599 16   726 805 647 15
Not allocated   -297 -226 -323 14   -288 -218 -322 14   -288 -218 -325 13
                               
Special items   -116 -100 -120 16                    
EBIT after special items   538 593 503 16   796 980 528 16   1.191 1.563 759 16
                               
Income from JV and associates   61 90 48 14   51 90 5 14   54 90 6 14
Net financials   -77 -46 -105 14   -65 -20 -103 14   -63 -20 -100 14
Profit before tax   529 695 480 16   781 956 458 16   1.178 1.556 754 16
                               
Net profit   403 572 349 16   595 742 335 16   896 1.208 557 16
                               
Free Cash Flow   164 517 -366 14   613 1.059 241 15   857 1.506 560 15
Dividend per share   0,15 0,34 0,10 15   0,19 0,34 0,11 15   0,28 0,35 0,18 15
                               
Onshore deliveries (MW)   15.318 16.200 14.657 16   15.780 17.269 14.218 16   16.184 18.598 12.536 16
Onshore order intake (MW)   15.232 17.000 13.230 16   15.747 17.690 12.825 15   16.124 18.129 12.259 15
Onshore order intake (mEUR)   12.076 12.801 10.677 16   12.432 13.929 9.315 15   12.520 14.176 8.815 15
                               
Offshore deliveries (MW)   1.817 2.080 1.000 14   1.681 2.083 1.000 14   1.305 2.000 700 14
Offshore order intake (MW)   1.242 1.560 733 11   2.353 4.365 506 11   2.752 4.500 520 11
Offshore order intake (mEUR)   1.603 2.200 774 11   2.678 5.173 524 10   2.748 5.265 511 10

 

Disclaimer: The Consensus is based on the earnings projections made by analysts covering Vestas Wind Systems A/S and are theirs alone and do not represent opinions, forecasts or predictions of Vestas Wind Systems A/S. By disclosing the consensus information Vestas does not imply its endorsement of or concurrence with such information.