Vestas Wind Systems A/S

OTCPK-VWSY.F

Overview Financials Investor Relations Estimates Ownership Industry Dividends Modeling Filings

Income Statement	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Total Revenues						12,147	14,819	15,587	14,486	15,382	15,101
Total Revenues % Chg.						19.9%	22%	5.2%	-7.1%	6.2%	1%
Cost of Goods Sold, Total						10,386	13,270	14,031	14,294	14,099	13,827
Gross Profit						1,761	1,549	1,556	192	1,283	1,274
Selling General & Admin Expenses, Total						489	523	739	791	876	918
R&D Expenses						268	265	389	363	371	371
Other Operating Expenses, Total						757	788	1,128	1,154	1,247	1,289
Operating Income						1,004	761	428	-962	36	-15
Interest Expense, Total						-47	-40	-52	-63	-235	-231
Interest And Investment Income						39	16	19	37	205	205
Net Interest Expenses						-8	-24	-33	-26	-30	-26
Income (Loss) On Equity Invest.						3	331	36	10	22	7
Currency Exchange Gains (Loss)						-75	-40	-45	-70	-99	-99
Other Non Operating Income (Expenses)						-15	-31	-23	-14	-37	-37
EBT, Excl. Unusual Items						909	997	363	-1,062	-108	-170
Restructuring Charges	—	—	—	—		—	-52	-139	-444	61	34
Gain (Loss) On Sale Of Assets	—	—	—	—	—	—	—	—	—	147	—
Asset Writedown						—	-11	—	-190	—	—
Other Unusual Items			—	—	—	—	—	—	—	—	—
EBT, Incl. Unusual Items						909	934	224	-1,696	100	-136
Income Tax Expense						209	163	81	-124	24	-80
Earnings From Continuing Operations						700	771	143	-1,572	76	-56
Minority Interest	—	—	—	—		4	-6	-9	—	1	7
Net Income						704	765	134	-1,572	77	-49
Net Income to Common Incl Extra Items						704	765	134	-1,572	77	-49
Net Income to Common Excl. Extra Items						704	765	134	-1,572	77	-49
Total Shares Outstanding						976.7	1,004.4	1,005.1	1,006.2	1,006.5	1,009
Weighted Avg. Shares Outstanding						986.9	980	1,005	1,006.2	1,006.4	1,018.5
Weighted Avg. Shares Outstanding Dil						990.8	983	1,008	1,006.2	1,009.8	1,018.5
EPS						0.7	0.8	0.1	-1.6	0.1	-0
EPS Diluted						0.7	0.8	0.1	-1.6	0.1	-0
EBITDA						1,284	1,075	887	-556	427	402
Effective Tax Rate						23%	17.5%	36.2%	7.3%	24%	58.8%