Siemens Energy AG Ordinary Shares
ENR: XETR (DEU)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ><T | LOCK|H%D^N | LOCK|w&Bggx# |
Siemens Energy Earnings: Record Order Intake but Siemens Gamesa Turnaround Still Uncertain
Siemens Energy reported a record EUR 16.6 billion order intake in the third quarter, up 65% year over year. Siemens Gamesa was the largest growth contributor, though it continues to weigh on group profitability. Management reaffirmed full-year guidance, while currently ahead of most targets.
