Long-term player benefits significantly from strong growth in Grid Technologies and Gas Services!
In Q2, order intake increased by 52.3% compared to the same period last year, reaching €14.4 billion. If the issues with Siemens Gamesa ease, further positive fundamental developments are likely to be reported in the future!
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Siemens Energy is one of the leading providers of large electrolyzers for the production of green hydrogen, grid infrastructure, smart grid solutions, and turbines for gas power plants. Since Siemens Energy initiated a turnaround in October 2023, the fundamental developments, outlook, and chart picture have completely changed. Most recently, the company reported a strong Q2 with record orders and a massive profit increase in May. As a result, the company significantly raised its forecast for the entire fiscal year. The report for the current Q3...
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