• 09/22/2024

Siemens Energy Hit by Wind Business

Wall Street Journal

Siemens Energy reported a net loss in the fourth quarter due to mounting challenges at its wind-turbine business, but said it expected a break-even at Siemens Gamesa in fiscal 2026.

https://www.wsj.com/articles/siemens-energy-swings-to-net-loss-dragged-by-troubled-wind-business-87a857ba