Gamesa profit up 63% to €206 million

By Paul Dvorak Gamesa’s results in the first nine months of 2016 reflect strong commercial performance and profitable growth, with record order intake, sales and profitability. The company reported €206 million in net profit in the first nine months of the year (+63%), on €3,339 million in revenues, while order intake reached a record 3,301 MW. EBIT amounted to €340 million, and the EBIT margin was 10.2%1.
The G114-2.0 MW (above) and 2.5 MW models made a strong contribution to new business, accounting for 59% of order intake in the period.
This good performance, outstripping the projections made at the beginning of the year and

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