Friday, April 18, 2025

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)

Related News

Marine Technology ENews subscription

World Energy News is the global authority on the international energy industry, delivered to your Email two times per week.

Subscribe to World Energy News Alerts.