Siemens Gamesa drags down majority shareholder
![Photo: Siemens Energy/Lennart Preiss Photography](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article13661423.ece/ALTERNATES/schema-16_9/doc7jdaul9viw6rwaas37g.jpg)
Misfortunes seldom come singly. Siemens Gamesa’s announced downgrade of its full-year guidance following earnings before interests and taxes of negative EUR 309m in the last three months of 2021 prompts the majority owner to follow suit. The owner of a 67-percent share in the turbine maker, Siemens Energy, similarly lowers its expectations for earnings before interests, taxes and amortizations, which range between negative 2 to 3 percent against negative 1 to 3 percent.
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