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Siemens Gamesa revenues €2,411 million

Christian Fernsby ▼ | July 30, 2020
Siemens Gamesa recorded 3 revenues of €2,411 million, a decline of 8% year on year.
Siemens   Net losses
EBIT pre PPA and before integration and restructuring costs fell to -€161 million.

Topics: Siemens

Net losses in the quarter amounted to €466 million.

In his first earnings report as CEO, Andreas Nauen said: “Nevertheless, we are already taking measures to turn the Onshore business around and return to profitability.

“The long term outlook for our business is promising and our company has the technology and people needed to play a major role in developing a recovery underpinned by clean energies that help combat the effects of climate change.”