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Demand from China and India Boosts Sales, Doubles Profit for Gamesa

November 13, 2015
Reading time: 1 minute

FraukeFeind / Pixabay

FraukeFeind / Pixabay

Spanish wind turbine manufacturer Gamesa Corp Tecnologica SA has seen its profits double over the last nine months on the strength of increased orders from China and India.

FraukeFeind / Pixabay

“We are going to reach our end-of-the-year targets in a comfortable manner,” said CEO Xabier Etxeberria. “We are maintaining our projections for the end of the year.”

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The company’s nine-month sales are up 22%, to €2.5 billion (US$2.7 billion), while have net profits increased from €64 to €122 million.

“Gamesa’s order book is currently at three gigawatts, up 42% since the first nine months of 2014,” Hirtenstein writes. “Its order intake was four gigawatts, rising a gigawatt in a year.”







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Demand from China and India Boosts Sales, Doubles Profit for Gamesa

November 13, 2015
Reading time: 1 minute

FraukeFeind / Pixabay

FraukeFeind / Pixabay

Spanish wind turbine manufacturer Gamesa Corp Tecnologica SA has seen its profits double over the last nine months on the strength of increased orders from China and India.

FraukeFeind / Pixabay

“We are going to reach our end-of-the-year targets in a comfortable manner,” said CEO Xabier Etxeberria. “We are maintaining our projections for the end of the year.”

Get the latest climate news and analysis, direct to your inbox.

Subscribe Today

View our latest digests

The company’s nine-month sales are up 22%, to €2.5 billion (US$2.7 billion), while have net profits increased from €64 to €122 million.

“Gamesa’s order book is currently at three gigawatts, up 42% since the first nine months of 2014,” Hirtenstein writes. “Its order intake was four gigawatts, rising a gigawatt in a year.”







in China, India, Regions, Renewables, UK & Europe, Wind

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

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