Siemens Energy starts year with profit despite wind power struggles

NAMPA / DPA

2025-02-12

Munich (dpa) - Siemens Energy got off to a solid start in the 2025 financial year, posting a profit of ?252 million ($261 million) in the first quarter, despite being held back by turbine-maker subsidiary Gamesa, the group said on Wednesday. The German energy technology company managed to stay in the black despite continued high, albeit slightly reduced, operating losses at its wind power subsidiary Gamesa, because business in the three other div......

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