Siemens Gamesa Renewable Energy SA (SGREN.MC)
19 Mar 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)
The following Spanish stocks may be affected by newspaper reports and other factors on Tuesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:
FRANKFURT, Oct 22 Wind turbine maker Siemens Gamesa will build an assembly plant in Taiwan if it gets a firm order from Denmark's Orsted to supply its 900-megawatt Greater Changhua offshore wind farm, the German-Spanish company said on Monday.
MADRID/MUNICH Wind turbine maker Siemens Gamesa announced a reshuffle of its top management on Tuesday, part of a bid to advance an ambitious cost-saving plan after a year-long board battle over issues ranging from suppliers to leadership.
MADRID Siemens Gamesa's top shareholders have agreed to name a new chief financial officer at the world's largest wind turbine maker in a bid to end a one-year board battle, two sources with knowledge of the matter said.
* Appointment signals end of board battle between shareholders