VWSYF (Vestas Wind Systems AS) Other Income (Expense) : $-82 Mil (TTM As of Sep. 2024)

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What is Vestas Wind Systems AS Other Income (Expense)?

Vestas Wind Systems AS's other income expense for the Vestas Wind Systems AS's pretax income for the three months ended in Sep. 2024 was $-16 Mil. Its other income expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-82 Mil.

Vestas Wind Systems AS Other Income (Expense) Historical Data

The historical data trend for Vestas Wind Systems AS's Other Income (Expense) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Vestas Wind Systems AS Other Income (Expense) Chart

Vestas Wind Systems AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Income (Expense)

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-78.89

276.16

-175.14

-531.78

143.95

Vestas Wind Systems AS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Other Income (Expense)	Get a 7-Day Free Trial															4.27	-73.06	-2.17	8.61	-15.54

Vestas Wind Systems AS Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-82 Mil.

Vestas Wind Systems AS (OTCPK:VWSYF) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Vestas Wind Systems AS Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

VWDRY:USA VWS:Mexico VWSc:UK 0NMK:UK VWS:Denmark VWSB:Germany VWSB:Austria

Address

Hedeager 42, Aarhus, DNK, 8200

Website

https://www.vestas.com

Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.