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
