June 2 (Bloomberg) -- Abengoa SA will likely sustain the pace of first-quarter sales growth for the rest of this year, Strategy Director Javier Camacho said today at a conference in Madrid.
Revenue at the engineering company based in Seville, Spain, jumped 14 percent in the first quarter compared with the year-earlier as sales of solar power and ethanol surged.
Abengoa uses cash from its engineering and industrial construction business, which generated 545 million euros ($665 million) of its total 1.2 billion euros in sales, to finance investment in growth industries such as renewable energy and biofuels.
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