Siemens Gamesa order book shrinks in absence of large turbines

Both order intake and megawatt prices are falling for the manufacturer and the value of its order book dropped by EUR 1bn from Q3 to Q4 2023.
Photo: Siemens Energy
Photo: Siemens Energy

A net profit of EUR 1,582m on the bottom line of Siemens Energy’s financial statements for the past quarter indicates that things have really turned around for the energy company, which is the majority owner of Siemens Gamesa.

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