• 11/25/2024

Siemens Energy Cautious on Profit Outlook

Wall Street Journal

Siemens Energy lifted its full-year revenue growth target but cautioned that its profit margin before special items is now seen around the low end of its guidance range of 1%-3% due to Gamesa’s poor performance

https://www.wsj.com/articles/siemens-energy-adjusts-fiscal-2023-outlook-after-2q-net-loss-narrowed-2a47e67c