Siemens Gamesa loses EUR 627m

The wind turbine manufacturer hits the lower end of its guided spread for both revenue and earnings in the annual financial statement for 2021. Current problems shouldn't overshadow the bright future of wind energy, says CEO.
Photo: Siemens Gamesa/Steen Gyldendal
Photo: Siemens Gamesa/Steen Gyldendal
BY MAZ PLECHINGER, TRANSLATED BY DANIEL FRANK CHRISTENSEN

It didn't go worse than pretty awful. That could be the most positive angle on Siemens Gamesa's annual financial statement, running from October 2020 to the end of September. But it sure came close.

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