Sales grew 10% to €3.03bn ($4.03bn), while earnings before interest, tax, depreciation and amortisation (Ebitda) were up 11% to €364m. Net profit rose 2% to €51m.
Gamesa’s Ebit margin for its wind farm division was 4%, in line with guidance.
The Spanish group says it was able to maintain profitable growth due to “its globalisation strategy and rigorous efficiency programme... despite the complex macroeconomic and industry situation as well as fierce competition.”
