US EditionEnergy technology: Siemens Energy leaves the crisis behind
10 Articles
10 Articles
While large parts of German industry are complaining about increasingly poor business, Siemens Energy is improving. The Group is on track for a solid year on its own.
While large parts of German industry are complaining about increasingly poor business, Siemens Energy is improving. The Group is on track for a solid year on its own.
Siemens Gamesa has closed the first half of its fiscal year, which took place between October 2024 and March 2025, with losses of 932 million compared to 428 million a year ago as a result of the impact of atypicals, while it recorded a half-yearly income of 5,124 million, 17.6% more.
Orders in the second fiscal quarter increased by 52.3% year-on-year, reaching 14,433 million euros in comparable terms, led by gas services and network technologies. The ratio of orders to billing (book-to-bill) reached 1.45, and the order portfolio reached a historical peak of 133 billion euros. Revenues grew by 20.7%, to 9,962 million euros, with contributions from all business segments. Pre-item profits rose to 906 million euros, or 9.1% of r…
While large parts of German industry are complaining about weaker business, things are going well at Siemens Energy. The company is on track for a solid year under its own steam.
Munich - Siemens Energy is leaving the crises of recent years behind and is on track for a solid year.
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