Siemens Gamesa accumulates losses of 780 million euros in six months

Siemens Gamesa accumulates losses of 780 million euros in six months


The wind turbine manufacturer has announced actions to “urgently” address short-term priorities and a new plan to develop its potential.

Euskaraz irakurri: Siemens Gamesak 780 milioi euroko galerak izan ditu sei hilabetean

Siemens Gamesa has increased its losses to 780 million euros in the first half of its fiscal year 2022 (from October 1, 2021 to March 31, 2022), compared to losses of 54 million in the same period a year ago .

The group has reported that production and profitability have been affected by energy, raw material and logistics costs, and by delays in investment decisions by its clients.

Sales for the first half of Siemens Gamesa amounted to 4,006 million euros, 13% less than in the same period of the previous year.

In this context, the wind turbine manufacturer has indicated that it has launched actions to “urgently” address short-term priorities. In addition, it will launch a new plan to develop its potential.


Source: Eitb

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