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    ENR   DE000ENER6Y0

SIEMENS ENERGY AG

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Siemens Energy : CEO demands faster turnaround at Siemens Gamesa

08/04/2021 | 04:21am EDT
FILE PHOTO: Siemens Energy AG starts trading after IPO

FRANKFURT (Reuters) - Siemens Energy boss Christian Bruch on Wednesday lashed out at the management of wind turbine unit Siemens Gamesa, criticising a lack of speed and transparency in the division's turnaround efforts.

"To be honest, in my view it's not fast and consistent enough," Bruch told journalist after presenting third-quarter results that were impacted by a weak performance at Siemens Gamesa, in which Siemens Energy owns 67%.

(Reporting by Christoph Steitz, editing by Kirsti Knolle)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
SIEMENS ENERGY AG -1.71% 23.62 Delayed Quote.-20.64%
SIEMENS GAMESA RENEWABLE ENERGY, S.A. -0.44% 22.86 Delayed Quote.-30.55%
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Analyst Recommendations on SIEMENS ENERGY AG
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Financials
Sales 2021 28 826 M 33 761 M 33 761 M
Net income 2021 -518 M -607 M -607 M
Net cash 2021 1 924 M 2 254 M 2 254 M
P/E ratio 2021 -35,4x
Yield 2021 0,51%
Capitalization 17 054 M 20 015 M 19 974 M
EV / Sales 2021 0,52x
EV / Sales 2022 0,49x
Nbr of Employees 91 000
Free-Float 58,3%
Chart SIEMENS ENERGY AG
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Siemens Energy AG Technical Analysis Chart | MarketScreener
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 15
Last Close Price 24,03 €
Average target price 32,47 €
Spread / Average Target 35,1%
EPS Revisions
Managers and Directors
Christian Bruch President & Chief Executive Officer
Maria Ferraro Chief Financial & Diversity Officer
Josef Kaeser Chairman-Supervisory Board
GŘnter Augustat Member-Supervisory Board
Manfred Bńreis Member-Supervisory Board