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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
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Siemens Energy Global GmbH & Co. KG

Gas and Power with solid performance, disappointing results at SGRE weigh down Siemens Energy Group

(PresseBox) (Munich, )
“Gas and Power delivered a solid performance this quarter. The segment delivered a solid operating result and a strong order intake despite first impacts of the sanctions against Russia and increasing supply chains constraints. Disappointing again is the performance of SGRE which is weighing heavily on Siemens Energy. The situation at SGRE has aggravated further since the last profit warning. As majority shareholder, we provide our expertise to get to the bottom of the problems and to tackle the issues”, says Christian Bruch, President and CEO of Siemens Energy AG.


Continuing constraints in global supply chains carried on affecting the
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