HomeNewsWorld NewsSiemens Energy Lowers Full-Year Guidance

Siemens Energy Lowers Full-Year Guidance

Siemens Energy now expects a net loss of €4.5 billion, while profit margin before special items is seen between minus 10% and minus 8% for 2023, due to mounting challenges at its wind-turbine business, Siemens Gamesa, that will cost €2.2 billion.

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