Net profit excluding Adwen — its offshore wind joint venture with Areva — rose 42% to €138m ($151.6m), while earnings before interest and taxes soared 69.7% to €230m.

Revenues were up 33% from the year-earlier period to €2.19bn, driven by strong growth in turbine manufacturing and sales.

Growth came mainly from India, which contributed 30% of turbine sales, and Latin America (29%).

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