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Vestas Wind Systems AS (VWDRY) Total Costs by Segment

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Total Costs by Segment

Vestas Wind Systems' Power Solutions costs have shown volatility, with a recent uptick in Q3 2024, reflecting offshore ramp-up investments. Services costs have steadily increased, aligning with a growing order backlog despite currency headwinds. The latest earnings call highlights mixed results: strong revenue growth and improved onshore project execution contrast with declining order intake due to U.S. policy uncertainties. The strategic focus on sustainability and manufacturing ramp-up, particularly offshore, suggests potential long-term benefits despite current cost pressures.

Date	Power Solutions	Services	Not Allocated
Mar 31, 2025	€2.61B	€754.00M	€92.00M
Dec 31, 2024	€4.31B	€982.00M	€95.00M
Sep 30, 2024	€4.07B	€779.00M	€90.00M
Jun 30, 2024	€2.61B	€778.00M	€97.00M
Mar 31, 2024	€1.95B	€710.00M	€91.00M
Dec 31, 2023	€3.73B	€748.00M	€107.00M
Sep 30, 2023	€3.47B	€741.00M	€89.00M
Jun 30, 2023	€2.72B	€706.00M	€93.00M
Mar 31, 2023	€2.23B	€623.00M	€89.00M
Dec 31, 2022	€4.42B	€791.00M	€83.00M