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...Vestas Wind Systems, its compatriot company, which designs and manufactures wind turbine systems, has seen its shares fall 15.7 per cent since the start of the year....
...Wind turbine manufacturers Vestas and Siemens Gamesa stuck to their profit outlooks after a rough quarter....
...(ii) The geographic mix (i.e. UK better, France poorer) helped as did Computacenter’s vertical market range (i.e. Public Sector spend better/Industrials weaker)....
...Vestas Wind Systems SECTOR: ENERGY / HQ: AARHUS, DENMARK Clean energy had a great year in 2020, and Vestas, the world’s largest maker of wind turbines, has seen revenues and profits rise....
...Equipment makers such as Denmark’s Vestas have set up factories in Brazil, but critics argue that domestic content policies can make projects expensive by excluding competition from imports....
...He used to work for Siemens, one of the biggest wind turbine manufacturers, and said his former employer and its rivals such as Vestas Wind Systems of Denmark ought to “wake up to next generation technology...
...Hiroshi Mikitani, president and chief executive of Japan’s largest e-commerce company Rakuten, attacked government plans to restrict online sales of over-the-counter drugs....
...But these rumours look more like a desperate shove of Vestas shares away from the turning fan. E-mail the Lex team in confidence at lex@ft.com...
...All told, Goldwind looks good value, trading at a 10 per cent discount to Denmark’s Vestas. E-mail the Lex team in confidence at lex@ft.com...
...From Mr William E. Hoover, Jr....
...E-mail the Lex team in confidence at lex@ft.com...
...E&Y’s latest ranking of countries’ attractiveness for investment in renewable energy include three emerging economies – China, India and Brazil – in its top 10....
...E-mail the Lex team in confidence...
...E-mail the Lex team confidentially...
...“Good though sales growth will probably be, the market typically pays for earnings rather than sales growth alone and as yet, there’s not much ‘E’ to value the shares.”...
...Vestas Wind Systems, the world’s leading maker of wind turbines, rose 9.7 per cent to DKr157.75, after JPMorgan upgraded the shares from “underperform” to “neutral”....
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