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Siemens Energy shares jump 13% after guidance raise and leadership change at embattled wind turbine unit - TL;DR CNBC

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 newsearningsenergysiemens energy ag

Source: https://www.cnbc.com/2024/05/08/siemens-energy-changes-leadership-at-embattled-wind-turbine-unit-.html


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