EnergyWatch

Siemens Gamesa shares drop after lacklustre report

The downturn on the Indian market prompted investors to send Siemens Gamesa down by 14.5 percent on the stock exchange Thursday morning.

Photo: Siemens

The first report from German-Spanish venture Siemens Gamesa shows a decline on both orders and earnings due to new market conditions in India.

In response, it has been punished on the share market, with shares dropping by 14.5 percent to EUR 15 after just a few hours of trading Thursday morning.  Vestas shares have also experienced a bad day after a 2.7 percent fall to DKK 610.

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