Siemens Energy Watchlist

tz-plus logo Siemens Energy: Record Quarter and Historically High Order Backlog!

M. Blattmann
Reading Time: 3 minutes

Siemens Energy has presented impressive figures for the third quarter. The order intake rose to €16.6 billion – representing an increase of over 65% compared to the same quarter last year and marking a new record. With a net profit of €697 million, the energy technology company demonstrates its significant strength. In the same period last year, Siemens Energy reported a loss of €102 million. The order books are filled with €136 billion, more than ever before. Strong demand from the USA fuels turbine and grid sectors In the USA, Siemens...

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