Take
Gamesa.
It
announced
solid
though
unspectacular
results,
meeting
all
its
guidance
estimates
and
increasing
sales
by
16.5%
to
2.8GW.
And,
unlike
other
turbine
manufacturers
that
have
reported
recently,
it
showed
a
profit.
Given
the
murky
perspectives
for
the
year
ahead,
Gamesa
reduced
its
guidance
for
2012
to
2.8-3.2GW
from
its
previous
estimate
of
3-3.5GW.
This
still
allows
for
considerable
upside
compared
with
last
year’s
sales
if
conditions
are
favourable,
and
avoids
any
nasty
surprises
à
la
Vestas
if
they
are
not.
But
if
chief
executive
Jorge
Calvet
thought
the
market
would
reward…
