Siemens Energy AG (SMEGF) surpasses expectations with a record EUR123 billion order backlog and 13% year-over-year revenue increase, despite challenges in the wind segment.

Siemens Energy on Tuesday said its operating profit narrowed in the fourth quarter, mainly boosted by an improved performance ...

Siemens Energy has suspended its dividend for fiscal 2022 and 2023 as it aims to restore its balance sheet, which has benefited from EUR 3 billion in disposals during fiscal 2024. Further losses could ...

Siemens Energy surges on Q4 results including record orders and upgraded financial targets, despite challenges in wind ...

Siemens Energy's products and solutions helps generate one-sixth of the world's electricity. However, the group has failed to produce net income since its spinout from Siemens AG in 2020. Intense ...

Shares of Siemens Energy AG were climbing around 16 percent in the morning trading on Germany's XETRA after the company Wednesday ...

an order backlog of approximately €20 billion and revenue of €9.3 billion German industrial megalith Siemens and Spanish wind energy giant Gamesa have announced they will merge their wind ...

The utility-sector supplier is looking to return to profitability after years of quality issues at its wind-turbine unit, where defective turbines caused massive losses. The division, Siemens Gamesa, ...

GE Vernova’s approach to focus on existing offshore turbine projects, which includes supplying the UK’s Dogger Bank Wind Farm ...

Offshore wind 'exponentially more complicated' than onshore, where US wind turbine maker has profitable operation ...

Mr. Strazik said GE Vernova was now focused on working off a loss-making backlog of orders that he ... in what has been a narrow field. Siemens Gamesa, a unit of a German company, had dominated ...

The company reported fourth-quarter revenues of €9.7bn, up 16.6% on a comparable basis, mainly due to Grid Technologies and ...