Gamesa revenue increased by 45% in the first quarter of 2017 to €1546m, compared with the same period last year.
Earnings also soared by 46% to €173m, while net profit hit €100m up 39% on the first three months of 2016.
The figures were boosted by sales increases of 40.5%, with almost 1.5GW sold in the three months prior to the merger with Siemens.
Gamesa said most sales growth was in India and the US.
Operation and maintenance revenues also grew in the period, increasing by 25% to €134m.
The first quarter resulted in firm orders for 827MW, bringing the order intake to 4.5GW.
The first quarter results are last from Gamesa as a standalone company, as it has now merged with Siemens to form Siemens Gamesa Renewable Energy.
Image: Gamesa


