Incoming orders fell in the second quarter from 5.5 billion to 1.2 billion euros. The reason was a significantly weaker business with wind turbines on land. This was due to longer and renegotiated projects also as a result of rising costs, it said. ...business with wind turbines at sea was also significantly worse, which the company justified with supply chain disruptions and fluctuations that are common in the industry.
Incoming orders fell in the second quarter from 5.5 billion to 1.2 billion euros. The reason was a significantly weaker business with wind turbines on land. This was due to longer and renegotiated projects also as a result of rising costs, it said. ...business with wind turbines at sea was also significantly worse, which the company justified with supply chain disruptions and fluctuations that are common in the industry.
Supply chain problems, high costs and ongoing problems with the new land turbine are weighing on Siemens Gamesa. Order intake also fell significantly.
The wind turbine manufacturer Siemens Gamesa slipped deeper into the red in the second quarter. In the months from January to March, the bottom line deficit rose to 377 million euros, as the company announced on Thursday when the final figures were presented in Zamudio. In the previous year, the net loss had amounted to 66 million euros. Supply chain problems, high costs and ongoing problems with its new land turbine burdened the subsidiary of the Munich energy technology group Siemens Energy .
Incoming orders fell in the second quarter from 5.5 billion to 1.2 billion euros. The reason was …
... more [truncated due to possible copyright]Supply chain problems, high costs and ongoing problems with the new land turbine are weighing on Siemens Gamesa. Order intake also fell significantly.
The wind turbine manufacturer Siemens Gamesa slipped deeper into the red in the second quarter. In the months from January to March, the bottom line deficit rose to 377 million euros, as the company announced on Thursday when the final figures were presented in Zamudio. In the previous year, the net loss had amounted to 66 million euros. Supply chain problems, high costs and ongoing problems with its new land turbine burdened the subsidiary of the Munich energy technology group Siemens Energy .
Incoming orders fell in the second quarter from 5.5 billion to 1.2 billion euros. The reason was a significantly weaker business with wind turbines on land. This was due to longer and renegotiated projects also as a result of rising costs, it said. In addition, Siemens Gamesa is more selective in accepting orders. But the business with wind turbines at sea was also significantly worse, which the company justified with supply chain disruptions and fluctuations that are common in the industry.
Siemens Gamesa had already presented preliminary figures at the end of April, which were significantly worse than expected. The company suspended the forecast and wants to review it.
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