Siemens Gamesa Posts Nearly $1 Billion Quarterly Loss
Credit to Author: Darrell Proctor| Date: Thu, 02 Feb 2023 16:04:30 +0000
Siemens Gamesa chief executive Jochen Eickholt acknowledged equipment failures in both the company’s onshore and offshore wind turbines, leading to higher warranty provisions, contributed to a nearly $1 billion net loss for the company in the last three months of 2022. Eickholt on Feb. 2 said the company’s October to December—the group’s fiscal first quarter—loss […]
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