Vestas: The windy outperformer.

Vestas Wind Systems A/S is a company active in the renewable energy and power sectors. Vestas is a leading manufacturer of wind turbines with the world's highest installed capacity. The company operates in two business areas: Power Solutions and Services. The Power Solutions segment develops, manufactures and installs onshore and offshore wind turbines, while the Services segment carries out operation and maintenance work on wind turbines. The core business of the Danish wind power company includes the development, production, sale and maintenance of technologies that convert wind energy into electricity. Other core competencies include the planning, installation, operation and maintenance of wind turbines. Vestas also offers its customers advice on the development and financing of wind energy projects and on ownership issues.

In Aarhus, Denmark, Vestas operates the world's largest research and development center for wind energy. The company is also increasingly designing and producing turbines for low-wind regions such as Bavaria and Baden-Württemberg. Vestas wind turbines are located in 70 countries on six continents. Vestas' competitors include companies such as E.ON, Nordex and Vattenfall Europe. The share has a very high free float of 97.1%.

www.vestas.com

In our current analysis of the Vestas Wind Systems share, we see promising developments that point to further share price growth. There are two key reasons behind our optimistic assessment: Firstly, the energy policy environment is improving, which is further boosting demand for renewable energies. Secondly, the technical chart setup is promising, as the share is in a clear upward cycle. However, there are also potential warning signals: if the share reaches the forecast price targets, there could be a longer phase of consolidation before upward movements can be expected again.