Aug 12, 2026 · 6 min
Vestas lifts guidance as luxury stocks retreat
Vestas Surges, Hermes Drops, Kingspan Jumps
The episode captures how company-specific catalysts and analyst revisions are reshaping European markets across renewable energy, luxury goods, and building materials.
- 1Vestas raised profit guidance and announced a buyback as stronger orders supported its shares.
- 2Hermès and other luxury stocks fell after Deutsche Bank cut sector price targets.
- 3Kingspan jumped after agreeing to acquire BMC Manufacturing Group for up to €900 million.
Don't miss
Vestas’s shares surged after the wind-turbine maker raised profit guidance and announced a buyback amid stronger orders.
The brief
The episode briefly frames rapid urbanization and the pressure to build smarter infrastructure before turning to the day’s European market movers.
Tiwa Adebayo and Stephen Carroll present a concise roundup centered on Vestas, Hermès, other luxury stocks, and Kingspan.
Vestas shares surged after the wind-turbine maker raised its profit guidance and announced a buyback amid stronger orders.
Luxury stocks moved in the opposite direction: Hermès and peers declined after Deutsche Bank cut price targets across the sector.
Kingspan provided another positive catalyst, jumping after agreeing to acquire BMC Manufacturing Group for up to €900 million.
What was said on this episode
4 statements · 2 positive · 2 negative
Vestas’s price increases have not deterred turbine orders.
“that hasn't seemed to deter orders”
Listen at 1:24
Vestas shares rose as much as 19% that morning.
“Shares up as much as 19% this morning”
Listen at 1:30
Chinese demand for luxury goods is changing.
“Demand in China is changing”
Listen at 2:29
Middle East effects and cost-of-living concerns are weakening luxury-sector growth.
“There's been a drag of growth from the impact of the Middle East and generally weaker spending from consumers given cost of living concerns”
Listen at 2:34
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.
Featuring
Hermès
Deutsche Bank
Bloomberg L.P.Listen to the full episode and explore every guest, topic, and moment on PodLume.