Managing still challenging market conditions, Siemens Energy has successfully completed its first full fiscal year as an independent company. At its Annual Press Conference in Munich today, the energy technology company presents its key financial figures for fiscal year 2021, which ended on September 30, 2021. Results will be announced for the Gas and Power Segment and the Siemens Energy Group as a whole. The second reporting segment Siemens Gamesa Renewable Energy (SGRE), which is listed as an independent company on the Spanish stock exchange, already presented its financial figures on November 5.
Siemens Energy is one of the world’s leading energy technology companies. The company works with its customers and partners on energy systems for the future, thus supporting the transition to a more sustainable world. With its portfolio of products, solutions and services, Siemens Energy covers almost the entire energy value chain – from power generation and transmission to storage. The portfolio includes conventional and renewable energy technology, such as gas and steam turbines, hybrid power plants operated with hydrogen, and power generators and transformers. More than 50 percent of the portfolio has already been decarbonized. A majority stake in the listed company Siemens Gamesa Renewable Energy (SGRE) makes Siemens Energy a global market leader for renewable energies. An estimated one-sixth of the electricity generated worldwide is based on technologies from Siemens Energy. Siemens Energy employs more than 90,000 people worldwide in more than 90 countries and generated revenue of around €27.5 billion in fiscal year 2020.