Siemens Gamesa reported expanded net sales for the third quarter amid increased costs and supply chain issues, and stressed that it is taking steps to overhaul its current operating model. The Spanish wind turbine maker posted a net loss of 446 million euros compared to losses of 314 million euros a year ago. Revenue for […]
Tag: Siemens Gamesa
Siemens Energy: Proposal for the acquisition of Siemens Gamesa for 4.06 billion euros (upd)
LAST UPDATE 09:59 Siemens Energy announced a proposal to acquire the existing shares of Siemens Gamesa Renewable Energy, for 4.06 billion euros or 18.05 euros per share. Siemens Energy already owns 67% of Siemens Gamesa and stressed that it intends to fully integrate the wind turbine manufacturer, based in Spain. Full integration would lead to […]
Siemens Energy: Will offer 18.05 euros per share for the full acquisition of Gamesa
Siemens Energy will buy the shares of Siemens Gamesa Renewable Energy, which it does not already own, a long-awaited step in its efforts to reverse the problematic situation in the Spanish wind turbine manufacturer, as reported by Bloomberg. Siemens Energy has agreed to offer 18.05 euros per share of Siemens Gamesa for the full acquisition […]
Siemens Energy: Loss of € 240 million at Siemens Gamesa
Siemens Energy announced a loss of 240 million euros in the first quarter of the year, mainly due to the problems of the Siemens Gamesa wind turbine unit, which has become a “weight” for its motherboard after three negative warnings about profits, Siemens Energy announced most of its results last month when it was forced […]
Siemens Gamesa: Confirmed the ominous outlook for the year
Wind turbine maker Siemens Gamesa confirmed a bleak outlook for a potentially full-year profit margin on Thursday, hours after appointing a new CEO to try to revive its fortunes. The world’s largest offshore wind turbine maker, which could help reduce its dependence on carbon for overheating, attributed € 309 million in losses in the first […]
Siemens Gamesa: Shows operating losses in the first quarter
Siemens Gamesa Renewable Energy downgraded usage estimates late yesterday as it reported operating losses in the first quarter due to continuing supply chain constraints. In the quarter to December 30, the Spanish energy company announced adjusted pre-tax losses of 309 million euros compared to profits of 121 million euros a year ago, and revenues fell […]