Siemens Gamesa Renewable Energy SA (SGREN.MC)
Tue, Feb 26 2019
SARAJEVO, Feb 26 Wind turbine maker Siemens Gamesa signed a 69 million euro ($78.4 million) contract on Tuesday to supply Bosnia's biggest power utility EPBiH with wind turbines for a future 48 megawatt (MW) wind farm.
MADRID Wind turbine maker Siemens Gamesa forecast better profitability and said prices were stabilising on Tuesday, sending its shares as much as 9 percent higher.
* Revenue 2.26 bln euros, up from 2.13 bln a year before (Adds further share move, Sabadell analysts)
MADRID/FRANKFURT Siemens Gamesa sold more turbines in the fourth quarter and said sales would rise by at least 10 percent next year, setting a high bar for main rival Vestas who is due to report quarterly results on Wednesday.
* Shares hit highest level since Sept. 25 (Recasts, adds CEO comment, shares)