BUZZ-Vestas: losing power, slides 34 pct since August peak

viernes 10 de octubre de 2014 07:03 GYT

** Vestas, falls 5.4 pct, the largest drop in Copenhagen's main index as weakness across European stocks accelerates and investors lock in profits.

** Stock was one of the top performers across the STOXX 600 till half-way through Q3.

** Since the peak in August, shares have fallen 34 pct but YTD they are still up 13 pct.

** On Oct. 3 Vestas lost a 254 megawatt order in Brazil to Spanish rival Gamesa, which amounted to 10 pct of its year-to-date order book.

** Shares down 17 pct since the order loss while EPS forecasts are down 3.1 pct over the past month, according to StarMine.

** The company announced orders of 604 megawatt during the third quarter, 52 pct lower than in the same quarter last year (Reuters Messaging: