Siemens Gamesa mulls gears following yet another deficit
Next year, the wind turbine manufacturer will streamline technologies across onshore and offshore divisions. The question of whether gears have a future in the OEM's machines is also being evaluated, notes CEO.
BY MAZ PLECHINGER, TRANSLATED BY CHRISTOFFER ØSTERGAARD
Tough times call for tough decisions. And these are certainly tough times for Siemens Gamesa, as evidenced by the Q3 financial report, which not only added a EUR 459m deficit, but also, to make matters worse, resulted in a downgrade of the full-year guidance.
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