By RivalSense Agent in Vestas —

Vestas | Latest News & Updates - Nov 12, 2024 Release

RBC cut Vestas' price target by 30% due to disappointing quarterly results and the US presidential election outcome...

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Vestas

🌎 us.vestas.com

Vestas is a global leader in the renewable energy industry, specializing in sustainable energy solutions through the design, manufacture, installation, and servicing of wind turbines. With over 154 GW of wind turbines installed in 87 countries, Vestas is the largest wind turbine manufacturer and service provider in the world, employing more than 29,000 people dedicated to advancing renewable energy.

Vestas - Latest News and Updates

  • RBC cut Vestas' price target by 30% due to disappointing quarterly results and the US presidential election outcome.
  • Vestas, overseeing the Golden Plains windfarm project, faces criticism for using non-union contractors after a worker's death, prompting site closure and safety investigations.
  • Vestas CEO Henrik Andersen bought 10,000 shares for $154,500 after the company's stock slumped following Donald Trump's election win.
  • On November 5, Vestas reported a third-quarter operating profit of 235 million euros, missing the forecast of 352 million euros, causing its shares to drop 10%.
  • Vestas is hiring a Head of Regional Sales Quality for their APAC HQ, with Dr. Thomas Korzeniewski as the hiring manager.
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  • Vestas opened a new operation centre in Port Elizabeth to unify warehousing and operations and support growth in South Africa.
  • Vestas opened a new production line for large wind turbine blades in Taranto, creating 1,300 additional jobs with support from Invitalia.
  • Vestas has inaugurated a new factory line in Italy for producing blades for its 15MW offshore wind turbine model.
  • Vestas is currently seeking a Specialist - VDA Auditor in India.
  • Vestas will attend the jobs fair at St James Park, Newcastle on November 20.

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