Vestas Wind Systems A/S

OTCPK-VWSY.F

Metric	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
Total Revenues						12,147	14,819	15,587	14,486	15,382
Total Revenues % Chg.						19.9%	22%	5.2%	-7.1%	6.2%
Cost of Goods Sold, Total						10,386	13,270	14,031	14,294	14,099
Gross Profit						1,761	1,549	1,556	192	1,283
Selling General & Admin Expenses, Total						489	523	739	791	876
R&D Expenses						268	265	389	363	371
Other Operating Expenses, Total						757	788	1,128	1,154	1,247
Operating Income						1,004	761	428	-962	36
Interest Expense, Total						-47	-40	-52	-63	-235
Interest And Investment Income						39	16	19	37	205
Net Interest Expenses						-8	-24	-33	-26	-30
Income (Loss) On Equity Invest.						3	331	36	10	22
Currency Exchange Gains (Loss)						-75	-40	-45	-70	-99
Other Non Operating Income (Expenses)						-15	-31	-23	-14	-37
EBT, Excl. Unusual Items						909	997	363	-1,062	-108
Restructuring Charges	—	—	—	—		—	-52	-139	-444	61
Gain (Loss) On Sale Of Assets	—	—	—	—	—	—	—	—	—	147
Asset Writedown						—	-11	—	-190	—
Other Unusual Items			—	—	—	—	—	—	—	—
EBT, Incl. Unusual Items						909	934	224	-1,696	100
Income Tax Expense						209	163	81	-124	24
Earnings From Continuing Operations						700	771	143	-1,572	76
Minority Interest	—	—	—	—		4	-6	-9	—	1
Net Income						704	765	134	-1,572	77
Net Income to Common Incl Extra Items						704	765	134	-1,572	77
Net Income to Common Excl. Extra Items						704	765	134	-1,572	77
Total Shares Outstanding						976.7	1,004.4	1,005.1	1,006.2	1,006.5
Weighted Avg. Shares Outstanding						986.9	980	1,005	1,006.2	1,006.4
Weighted Avg. Shares Outstanding Dil						990.8	983	1,008	1,006.2	1,009.8
EPS						0.7	0.8	0.1	-1.6	0.1
EPS Diluted						0.7	0.8	0.1	-1.6	0.1
EBITDA						1,284	1,075	887	-556	427
Effective Tax Rate						23%	17.5%	36.2%	7.3%	24%