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Verenium Anonim Ortaklık Message Board

joeblowup411 2 posts  |  Last Activity: May 6, 2016 2:04 PM Member since: Aug 28, 2008
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    Hexcel as takeover bait?

    by moosecalf May 6, 2016 11:41 AM
    joeblowup411 joeblowup411 May 6, 2016 2:04 PM Flag

    I agree, the buyer would be likely a large European aerospace or chemical company like BAE or BASF, more then half of Hexcel's workforce is now employed outside the USA. Just like CYTEC was takeover by Solvay.

  • COPENHAGEN, April 29

    The world's largest wind turbine maker Vestas received record orders and posted forecast-beating operating profit in the first quarter, lifting the Danish company's share price by as much as 4 percent on Friday.

    Vestas, the world's largest wind turbine maker, is benefitting from a new focus on renewable energy generation, encouraged by the Paris global climate summit last year.

    The order intake for the quarter was 2,403 megawatts (MW), up from 1,750 MW the year before, with large orders from countries including the United States, China and Norway.

    Operating profit before special items was 85 million euros ($96.8 million), up from 79 million euros a year ago. Analysts polled by Reuters had on average expected 60.8 million euros.

    "These are strong results, also looking at the order intake, which turned out better than what I and the market had expected. That supports the visibility going into 2017," Jyske Bank senior analyst Janne Vincent Kjaer said.

    Vestas' shares rose 4 percent to 465 crowns, making it the third-biggest gainer on the Stoxx 600 index.

    While Vestas is the market leader, it would be pushed off that pedestal if rivals Siemens and Gamesa go through with a planned merger.

    Vestas also said it broke its own record with combined order backlog and service agreements between January and March of 18 billion euros ($20.50 billion), 3 billion more than a year earlier.

    The wind turbine backlog order was 8.6 billion euros and service agreements with contractual future revenue was 9.4 billion at the end of March 2016.