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Siemens Energy operates globally along nearly the entire energy value chain. The company has about 91,000 employees worldwide (as of March 31, 2020). Its products include gas turbines, steam turbines, generators, transformers, and compressors. Siemens Energy’s 67 percent stake in Siemens Gamesa Renewable Energy makes it a global market leader in renewable energies.

News

Q2 FY2021 Earnings Release: SE with solid operational performance and strong order intake | May 5, 2021

Orders rose by 39.0% to €10.5bn, substantially above the prior-year quarter.
Revenue moderately decreased by 4.4% to €6.5bn. On a comparable basis (excluding currency translation and portfolio effects) revenue was on prior-year’s level.
Order backlog increased to €84.2bn.
With special items totaling negative €91m, Adjusted EBITA before special items sharply increased to €288m with a margin of 4.4%.
Net income was €31m up sharply after a loss in the prior-year quarter. Corresponding basic earnings per share (EPS) rose to €0.03.
For fiscal year 2021, management confirms the profitability outlook of 3% to 5% for the Adjusted EBITA margin before special items, while narrowing the range of expected revenue growth for Siemens Energy overall and both segments individually. For Siemens Energy, the nominal revenue growth rate in fiscal year 2021 now is expected to be in a range of 3% to 8%, previously 2% to 12%.