Siemens Gamesa Increases Its Losses by 9.25% From October to June to 1,243 Million

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Siemens Gamesa has recorded losses of €1,358 million in the first nine months of its fiscal year, representing an increase of 9.25% over the 'red numbers' of €1,243 million a year ago, while its Siemens Energy matrix has seen its net profit drop by 8.7% in the period, up to €1.450 million. Siemens Energy has reported, with these figures in the first nine months of its financial year - from October to June - it expects to reach the top end of its…

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Siemens Gamesa lost 1,358 million euros in the first nine months of its fiscal year, 9.25% more than in the same period of a year before, thus tarnishing...

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Siemens Energy saw its net profit drop 8.7% in the first nine months of its fiscal year (from October to June) to 1.450 million euros, according to the company on Wednesday. The company has indicated that it plans to reach the top end of its forecast for 2025, driven by its division of wind turbines and the strong demand in the United States for its energy equipment, which has allowed it to circumvent the impact of tariffs. Thus, the German ener…

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Siemens Gamesa is struggling to emerge from the crisis. It has been accumulating red numbers year after year, and it expects this year to be the last. In the first nine months of the fiscal year, it has lost another 1,358 million euros, 9.26% more than in the same period last year. The wind turbine manufacturer will close its annual accounts in September. According to forecasts made in November last year, it will have losses of 1,300 million eur…

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Siemens Gamesa recorded losses of €1,358 million in the first nine months of its fiscal year, representing an increase of 9.25% over the 'red numbers' of €1,243 million a year ago, while its Siemens Energy matrix saw its net profit drop by 8.7% over the period, to €1.450 million.