Streetbeat News

SMEGF

Siemens Energy AG

Industry

Industrial and Commercial Fan and Blower and Air Purification Equipment Manufacturing

Open

49.00

Mkt cap

38B

Volume

1.3K

High

49.00

P/E Ratio

33.81

52-wk high

49.80

Low

48.00

Div yield

N/A

52-wk low

11.06

Siemens Energy's Q4 earnings show strong growth in Grid Technologies, driven by electrification trends, with increased free cash flow and a promising outlook for FY 2025. Despite challenges in the Gamesa segment, the company is on track for a turnaround, aiming for profitability by FY 2028.

Portfolio Pulse from

November 22, 2024 | 10:00 am

Siemens Energy AG held its Q4 2024 earnings call, discussing financial results and company performance. The call included participation from key executives and analysts from major financial institutions.

Portfolio Pulse from

November 16, 2024 | 7:00 pm

Siemens Energy CEO Christian Bruch discusses the growth in electricity demand and the potential impact of a future Donald Trump administration on the renewable energy sector.

Portfolio Pulse from

November 14, 2024 | 3:30 am

Siemens Energy and RWE have expressed concerns about potential challenges and delays in the U.S. offshore wind sector under Donald Trump's presidency. The companies are worried about the impact of Trump's stance on renewable energy.

Portfolio Pulse from

November 13, 2024 | 11:15 am

Siemens Energy has decided not to propose a dividend for the fiscal year 2024 due to limitations from project guarantees backed by the German government.

Portfolio Pulse from

November 13, 2024 | 6:30 am

Siemens Energy's wind division, Siemens Gamesa, has secured a $1.3 billion order to supply turbines for ScottishPower's East Anglia TWO offshore wind farm.

Portfolio Pulse from

November 11, 2024 | 11:00 pm

Siemens Energy AG plans to hire over 10,000 new employees to boost its electricity grid business, aiming for significant growth over the next six years. The company is investing €1.2 billion in capital expenditures to expand manufacturing capacity in the U.S., Europe, and Asia.

Portfolio Pulse from Lekha Gupta

July 02, 2024 | 11:43 am

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