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Siemens Energy Global GmbH & Co. KG Otto-Hahn-Ring 6 81739 München, Germany http://siemens-energy.com
Contact Mr Tim Proll-Gerwe +49 1522 2835652
Company logo of Siemens Energy Global GmbH & Co. KG
Siemens Energy Global GmbH & Co. KG

Excellent performance of conventional businesses in fiscal year 2023 overshadowed by wind business performance

(PresseBox) (Munich, )


• Businesses representing 70% of revenue well on track to meet mid-term targets
• Quality problems at Siemens Gamesa ringfenced, turnaround measures in progress
• Strong growth in orders and revenue to finish with a record order backlog of €112 bn
• Profit before Special Items of negative €2,776 million, margin at negative 8.9% due to the charges in the wind business
• Structure for guarantee facility to support strong order growth agreed with German government, banking partners and Siemens AG
• Disposals under execution to strengthen balance sheet

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