Gamesa's revenues increased by 30.4% to € 2,533 million in the first nine months of 2015, driven by strong growth in wind turbine revenues (+35%) as activity surged 26% to 2,301MW. Operation and maintenance services revenues increased by 7% to € 345 million.
India accounted for 28% of MW sold, followed by Latin America (25%) and Europe & RoW (21%). China contributed 15% and the USA, 11%. Order intake in the first nine months of 2015 amounted to 2,84 MW, bringing the order book at the end of September to 3,034MW (+42%). In the first nine months of 2015, underlying EBIT amounted to € 206 million (+67.2%), equivalent to an underlying EBIT margin of 8.1% (+1.8 p.p.). Net profit amounted to € 126 million, double the € 64 million reported in the same period of 2014. This year Gamesa launched new platforms to complete its product line and they have launched a new turbine for low winds, G126-2.5 MW, and the company is set to unveil the first wind turbine in its 3.3MW platform next week at EWEA 2015.