The company was announcing its results for the first nine months of 2011. It said it had a 13% increase in sales and an 11% rise in earnings before interest and tax.
Gamesa also announced a 20% increase in net income to €30 million.
Orders for 2011, have reached 2.805GW and covering its forecast for the year. 94% of these orders have come from outside of Spain.
Over the period, the company saw a surge in sales in India and Latin America. Overall orders per region broke down as:
- India 20%
- Latin America 16%
- Eastern Europe 13%
- China 21%
- United States 14%
- Rest of the world 16%
Operations and Maintenance services contracts total 15GW with 1.4GW added during 2011.
Gamesa’s expectations for 2012 are based on new products and an expanding share of emerging markets.
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