Revenue fell but orders rose at Siemens Gamesa Renewable Energy in its 2018 financial year, as the German-Spanish wind OEM digested massive merger costs and continued price declines for wind turbines.
Revenues fell by 17% in the full year ending September to €9.12bn ($10.41bn), with wind turbine revenue down 20% to €7.85bn amid a 9%-decline in the average selling price of ordered wind turbines to €0.73
