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Gamesa Predicts Double-digit Sales Growth in 2015

Posted by November 6, 2014

Photo: Gamesa

Spanish wind turbine maker Gamesa on Thursday said it foresaw a double-digit growth rate in sales in 2015, after posting a 17 percent rise in sales in the first nine months of 2014 compared to a year ago.

"We see a double-digit growth (in sales) next year compared to 2014 and greater growth ... in EBIT (earnings before interest and taxes) for next year," Gamesa's Chairman Ignacio Martin told a conference call following results.

Its nine-month sales stood at 1.94 billion euros ($2.41 billion), while EBIT rose 37 percent in the period to 123 million euros from a year ago.

(1 US dollar = 0.8061 euro)

(Reporting by Andres Gonzalez, Writing by Sarah White, Editing by Tracy Rucinski)

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