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Siemens Energy Q1 net loss more than doubles on wind farm problems | – #Siemens #Energy #net #loss #doubles #wind #farm #problems

FRANKFURT, Feb 7 (Reuters) – Siemens Energy ( ENR1n.DE ) said on Tuesday its first-quarter net loss more than doubled, blaming accusations of quality problems from German firm Siemens Gamesa ( SGREN.MC ). complete capture of the wind compartment way fix with .

Siemens Energy, which announced the results of the first quarter of last month in advance, compared with a loss of 246 million euros in the same period of a year, its net loss in the October-December period was 598 million euros (641 million dollars) said that he had arrived.

The group, which is run by the network technology division of Siemens ( SIEGn.DE ), which took a big win last month, posted a 98.8 at the end of December billion reached a new record with the euro.

The group said in the presentation slides that the order delay is 22 in 2023 billion euro, 21 in 2024 billion euro and will turn into 55 billion euro revenue in 2025. It accounts for more than half of the service delay.

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($1 = 0.9330 euros)

Reporting by Christoph Steitz in Frankfurt Editing by Matthew Lewis and Miranda Murray

Our standards: Thomson Reuters Trust Principles.

2023-02-07 10:03:28
Source – reuters

Translation“24 HOURS”



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