Siemens Gamesa hopeful about future despite disappointing first annual report
In spite of last month's downgrade, newly merged Siemens Gamesa reveals in its freshly released annual report that the firm barely met expectations. However, the CEO is convinced that the integration of the two companies will create a market leader within wind power.
The first annual report from Siemens Gamesa was set to be disappointing even before its release. Last month, the German-Spanish wind turbine manufacturer downgraded guidance for the full-year result, and the report released Monday shows further disappointment.
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