Momentum bulls trending towards the all-time high!
Siemens Energy has managed the risks of its troubled subsidiary Siemens Gamesa! The focus is now back on long-term growth prospects!
The strong Q1 report is likely to help sustain last year's momentum, although the dynamics may slightly moderate!
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In the past 12 months, Siemens Energy (i.) has increased by around 362%. Particularly, the divisions Grid Technologies and Gas Services contributed significantly to achieving billion-dollar order intakes with strong growth. Concerns regarding Siemens Gamesa have also eased positively, as various measures have been introduced to prevent past issues from recurring in the future. The rising demand for reliable energy, especially in connection with the growing importance of data centers for artificial intelligence, offers Siemens Energy significant...
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