HUTCHINSON, Kan. — Wind turbine maker Siemens Gamesa slightly trimmed its full-year profit margin forecast on Tuesday and said it had started raising prices to stave off continued pressure. The news came as the company released its third-quarter earnings.

According to Reuters, revenue jumped 23% to $2.9 billion in its third quarter, from a year earlier, boosted by a blockbuster order for offshore turbines from Taiwan.

But margin on earnings before interest and tax came in at 6.1%, missing a forecast of 6.7%, and warned sales volumes and margins would continue to face pressure in the immediate future.

The company, formed by a merger of Spain’s Gamesa with the wind business of Germany’s Siemens, said it expected to hit the lower end of its full-year profit margin guidance, having previously said it would hit the middle of a 7% to 8.5% range.

Profits have fallen across the wind power industry in recent years as governments have introduced competitive auction systems that favor the lowest bidders, shifting away from subsidizing generous fixed tariffs.

Siemens Gamesa employs about 400 workers at the Hutchinson nacelle plant and recently underwent a major overhaul to expand the types of turbines it manufactures.