Vestas Wind Systems A/S, the biggest wind turbine maker, may report its first quarterly profit in 2 1/2 years following a turnaround plan that aimed to reduce costs and slash 30 percent of its workforce.
Vestas Wind Systems A/S, the world’s biggest wind-turbine manufacturer, is seeking to raise capital after a two-year turnaround program dragged the company out of debt and resulted in its first quarterly profit since mid-2011.
Vestas Wind Systems A/S climbed for a 10th day in Copenhagen, the longest streak since May, as HSBC Holdings Plc and Jyske Bank A/S raised price estimates after the Danish wind-turbine maker increased its cash-flow guidance.
Vestas Wind Systems A/S tomorrow plans to announce organizational changes that may cut thousands of jobs at the world’s biggest wind turbine maker while preserving the position of Chief Executive Officer Ditlev Engel.
The Alliance St. Louis docked at the Port of Beaumont in Texas this month and rolled out 179 armored trucks. Two weeks later, it was at a Delaware port loading 1,000 General Motors Co. cars and trucks bound for overseas.
Vestas Wind Systems A/S, the world’s largest wind turbine maker, was the biggest loser on Copenhagen’s benchmark index today after Suzlon Energy Ltd. won an order some investors had expected the Danish firm to get.
A.P. Moeller-Maersk A/S rose to its highest in more than two weeks in Copenhagen after the sale of a stake in a ferry operator fueled speculation that Denmark’s biggest company will generate cash through further divestments.