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Windtech International March April 2024 issue

 

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Gamesa’s sales increased by 34% compared to the same period in 2007 to reach €1.876 billion.
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EBITDA reached €235 million, a 43% increase on the first six months of 2007. For its part, net profit obtained from the joint contribution made by its manufacturing and wind farm development and sale activities amounted to €93 million, a 70% year-on-year increase when compared to the first half of 2007. The contribution made by the extraordinary gains made on the sale of the solar unit situated consolidated net profit at €198 million. Return on Capital Employed (ROCE) amounted to 17% and Net Financial Debt fell to 0.2 times EBITDA, thereby consolidating the company’s financial robustness. In the first half of 2008, Gamesa increased its portfolio of wind turbine generator orders by 40% when compared to the end of 2007. These now exceed 11,500MW, committed to strategic key accounts in its main markets: Europe, the United States and China. This amount is equivalent to more than three years of current production capacity.
 
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