Schau Dir den Auftragseingang an, dann siehst Du dass das eine "Scheinkrise" ist....das gestern waren Gewinnmitnahmen mehr nicht!
Auftragseingang und Auftragsbesatnd deutlich gesteigert. Bei der Konkurrenz schmilzt das Orderbuch unaufhörlich.
Ansonsten empfehle ich wirklich mal den CC anzuhören.
www.live.axion.dk/vestas/170817/q3e223sdfkkm.html
Hier mal ein paar Auszüge:
Aussagen im CC Zu den niedrigeren Verkaufspreisen in Q2 gegenüber dem Vorjahresquartal:
It is a mix of factors, as I said. I mean, what is maybe a little bit easier to single out is of course the currency effect and that is 0.02 I think in the quarter. But then it is really the factors that I talked about. It is about the scope and in this case then mainly two parts of the scope, which is a higher proportion of orders from China, which -- I mean, rule of thumb before has been that megawatt there from a scope point of view it's about the half the value of a megawatt outside China. So the scope is very different there. And the other part is that in this specific quarter then was that we had no turnkey orders. And as I also said lastly, we see an increase competitiveness in the market, very much driven by the auctions and the competitive tenders. That's also nothing new, as I said
Zur Entwicklung in der Region EMEA:
In EMEA, we see good improvement and strong development in the UK, but also solid activity levels in markets as Germany, France, Turkey, but not compensate for the drop we've seen from South Africa, which basically is standing still for the moment, and also low activity level in Sweden.
Zur EBIT-Marge:
But I would like to highlight that we delivered a very strong EBIT margin of 12.6% despite an impairment of a test facility that obviously have an impact on the P&L of €28 million. So all in all, very strong performance.
Ohne diesen Sondereffekt hätte die EBIT-Marge bei 13,9 % gelegen! Preisdruck aus den Zahlen von Q2 abzuleiten ist also kompletter Unsinn.
Vestas spielte sogar mit dem Gedanken die Guidance zu erhöhen:
Well, all in all, if everything goes according to plan, yes, there would be a very high activity level. But that also means that you -- that your suppliers works perfectly, that all the logistics works perfectly, that you get all the cranes that you have ordered and that you don't have any snow storms at the wrong timing. So this is -- when we make the analysis and do the simulations, this is the considerations we have. And that's why we have chosen to keep the guidance, because there will be a normal uncertainty. And then on top of it, you have currency headwind at this point when it comes to translation.
Man ist wegen der üblichen Unsicherheiten und vor allem wegen dem Gegenwind von der Währungsseite momentan noch vorsichtig und hat die Prognose ( vorerst ) beibehalten.
Jeder, der mit den immer sehr konservativen Prognosen von Vestas vertraut ist, weiß aber worauf das zum Ende des Jahres hinausläuft.
Fette Krise!
Viel Spaß beim Shorten von Vestas :-))