Spain

Spain

Gamesa share prices hit all-time high

Gamesa's share price hit a record EUR 36.81 last month following its annual general meeting. The price was a 41.09% hike since January, a doubling of share value over the past 12 months and a 150% increase since its debut on the Spanish exchange. A dividend payout of EUR 0.43 per share enhanced the feel good factor. Gamesa is now included in the Morgan Stanley Capital International Global index, better known as MSCI Global, providing more global exposure to potential investors. Gamesa maintains its earlier end-year forecast of a 14% increase in net profits compared with 2003, to EUR 230 million.

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