Gamesa’s revenues increased by 30.8% year-on-year in the first half of 2015, to € 1,651 million, driven by 36% growth in revenues in the wind turbine area, mainly as a result of higher activity, which amounted to 1,481MW, 24.9% more than in the first half of 2014.
India and Latin America accounted for 45% of total MW sales, while developed markets such as Europe and the USA raised their contribution to 38%. China contributed 17%. Strong commercial activity is reflected in the sharp growth in order intake in the first half: 1.835 MW (+41.4%), raising the order book to 2,847MW at the end of June (+49%), covering 97% of the sales volume guidance for 2015 (c. 3,100MW) and increasing visibility within the plan horizon. Operation and maintenance services revenues increased by 5.6% to € 223 million in the first half of 2015. Net profit more than doubled in the first half of 2015, to € 97 million, driven by sales growth, optimisation of variable costs, a positive currency effect and the recognition of Adwen. Without the contribution from the offshore subsidiary net profit would have been € 86 million.
