Siemens Energy shares jump 13% after guidance raise and leadership change at embattled wind turbine unit
Publishing timestamp: 2024-05-08 05:04:10
Summary
Siemens Gamesa's manufacturing faults led to a 4.6 billion euro loss for the parent company. Siemens Energy raised its forecast for the year and announced a CEO change at the troubled wind turbine unit. Despite some positive developments, the company still needs to address quality issues.
Sentiment: MIXED
Tickers: ENR-DE,
Keywords: business news, earnings, energy, siemens energy ag,