风电设备FY2024&1Q25业绩回顾：行业盈利底部确立 1Q25陆风率先反转

中金公司2025-05-07

风电设备行业FY2024 业绩表现较弱，1Q25 陆风率先反转我们统计的20 多家以风电设备为主要盈利贡献的公司：1）FY2024 总收入和总扣非净利润分别同比+6.2%和-11.5%；2）1Q25 总扣非净利润同比+14.6%。其中，FY2024 和1Q25 整机环节总扣非净利润分别同比+53.4%和-31.1%，剔除整机环节（包含塔筒、海缆、风机零部件）FY2024 和1Q25 总扣非净利润...

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