Vestas Wind Systems

Vestas reported results that were markedly better than expected, with profitability surprisingly convincing investors and the stock rising by almost 20 percent. Analysts including JP Morgan noted that consensus was not only clearly beaten, but that for the first time in ten years an increased margin outlook was communicated in the first half of the year. In the wake of the news, competitors such as Nordex also gained. » Altro su finanzen.net

Vestas surprised positively in the second quarter and raised its full-year targets, sending the share price up by almost one fifth. Analysts also praised the solid share buyback program and called the forecast upgrade partly cautious. Other market moves: profit-taking weighed on the EuroStoxx 50, while Rheinmetall and Siemens Energy were among the day's winners. » Altro su finanzen.net

Vestas reports significantly higher profitability in the first half and announces an improved margin outlook, which sent the stock up about 14.2%. Analysts, including JP Morgan, say the results clearly beat consensus expectations. The strong figures also supported other wind stocks such as Nordex. Overall, the corporate reports contributed to the upward move in European markets, with the DAX reaching a record high. » Altro su finanzen.net