Gamesa has unveiled its Outlook 2015-2017. The company projects double-digit annual growth in sales and activity during the plan, to attain 3,500-3,800MW in 2017 and a doubling in size with respect to the beginning of the 2013-2015 Plan. Sales in 2015 will be close to 3,100MW.
Based on its degree of geographical diversification in the main wind markets, Gamesa will hold strong positions in India, Mexico and Brazil, as well as China. It will also increase its presence in mature markets such as the USA and Europe, and expand into Asia-Pacific and Africa. Within the period of the plan, it will launch a new 3.3MW platform to meet the needs of markets such as Europe, Mexico, Canada, Australia, South Africa and others, and will extend its 2.5MW platform to India and Brazil. In the area of Operation and Maintenance, the company expects 20% growth in revenues through 2017. Gamesa expects to improve profitability ratios through strict control of fixed expenses and the implementation of new continuous improvement programmes, in order to double EBIT by 2017 with respect to the € 181 million reported in 2014, and attain an EBIT margin of over 8%. The plan also prepares the company to expand after 2017 in both the onshore wind business and in offshore, through Adwen, and in complementary areas, such as solar and offgrid.
