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Siemens Energy shares jump 20% on raised targets
Siemens Energy Shares Soar on Raised Midterm Targets, Record Order Intake
The energy company logged a new record for its order book as strong demand for energy grids and gas turbines helped it post a narrower-than-expected fourth-quarter loss.
Live news: Siemens Energy shares jump 20% on raised targets
Shares in
Siemens
Energy
jumped 20 per cent to a new all-time high on Wednesday, after the
energy
technology company raises its financial targets. “Global demand for electricity is rising, driven by a growing population and rising living standards ...
Siemens Energy Achieves Annual Goals, Sets New Targets
Siemens Energy AG Unsponsored ADR ( (SMNEY) ) has released its Q4 earnings. Here is a breakdown of the information Siemens Energy AG
Siemens Posts Record Profits
Siemens Energy posts €1.3bn profit as turbine crisis begins to ease
Shares in
Siemens
Energy
jumped 20 per cent on Wednesday after the company reported an annual net profit of more than €1bn and upgraded its medium-term targets as it begins to emerge from a crisis in its wind turbine division. The German
energy
...
Siemens Posts Record Profits But Warns On Trade Tensions
German industrial giant Siemens on Thursday posted a record net profit in the last fiscal year, but warned that global tariff conflicts could weigh on business in the coming 12 months.
Siemens reports record profit despite slower revenue growth
Siemens, one of Europe's largest manufacturing companies, reported a record post-tax profit of €9 billion ($9.5 billion) for the past financial year on Thursday. The result was partly driven by a €500 million gain from transferring shares in its former subsidiary Siemens Energy to its pension fund.
2d
Siemens Energy raises mid-term outlook as turnaround gathers pace
Siemens Energy on Tuesday said its operating profit narrowed in the fourth quarter, mainly boosted by an improved performance ...
4h
Kepler Capital Reaffirms Their Buy Rating on Siemens Energy (SMEGF)
Kepler Capital analyst William Mackie maintained a Buy rating on Siemens Energy (SMEGF – Research Report) on November 13 and set a price ...
1d
RWE And Siemens Energy Worry For Offshore Wind With Trump
German groups RWE and Siemens Energy, heavyweights in the renewables sector, warned Wednesday that Donald Trump's return to the White House could have a negative impact on the offshore wind industry.
1d
Siemens Energy, RWE warn of Trump fallout in US offshore wind sector
Two of the world's biggest renewables players on Wednesday warned of challenges for the U.S. offshore wind sector under a ...
3h
Siemens AG (SIEGY) Q4 2024 Earnings Call Highlights: Strong Cash Flow and Dividend Increase ...
Siemens AG (SIEGY) reports record free cash flow and a dividend boost, while navigating headwinds in digital industries and ...
2d
on MSN
Electricity demand is absolutely growing, says Siemens Energy CEO
Siemens Energy CEO Christian Bruch weighs in on whether the energy transition is losing steam, and what the renewable energy ...
2d
Siemens Energy won't propose dividend for fiscal year 2024
Siemens Energy has not proposed a dividend for the 2024 fiscal year, citing limitations to its payout policy as a result of ...
Recharge
2d
Large offshore order helps Siemens Gamesa narrow losses in 2024
Siemens Energy's wind turbine unit still expects break even in 2026 after resuming turbine sales in the 5MW platform next ...
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