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Siemens Gamesa Renewable Energy SA (SGREN.MC)

SGREN.MC on Madrid SE C.A.T.S.

10.36EUR
17 Nov 2017
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Latest Key Developments (Source: Significant Developments)

Siemens Gamesa eyes 2018 sales between EUR9-9.6 bln, 7-8 pct adj EBIT margin‍​
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Siemens Gamesa :Siemens Gamesa 2017 FY sales up 5 percent to eur 10.96 bln‍​.Siemens Gamesa targets 2018 sales between eur 9-9.6 billion, 7-8 percent adjusted Ebit margin‍​.  Full Article

Siemens Gamesa posts 12 pct drop in H2 sales, announces FY 2018 guidance and restructuring
Monday, 6 Nov 2017 

Nov 6 (Reuters) - SIEMENS GAMESA RENEWABLE ENERGY SA SGREN.MC::APRIL-SEPT UNDERLYING NET PROFIT 118 MILLION EUROS.APRIL-SEPT UNDERLYING EBIT 192 MILLION EUROS VERSUS 525 MILLION EUROS YEAR AGO.APRIL-SEPT SALES 5.02 BILLION EUROS VERSUS 5.73 BILLION EUROS YEAR AGO.ORDER BACKLOG OF 20.7 BILLION EUROS AT END-SEPT.SEES FY 2018 REVENUES OF 9.00 BILLION EUROS - 9.60 BILLION EUROS‍​.SEES 2018 UNDERLYING EBIT MARGIN 7 PERCENT - 8 PERCENT.SEES FY 2018 CAPEX OF C. 500 MILLION EUROS.ESTIMATED IMPACT OF PPA AMORTIZATION OF INTANGIBLE FAIR VALUE OF 321 MILLION EUROS FOR FY 2018.EXPECTED INTEGRATION COSTS OF 160 MILLION EUROS IN FY 2018.SAYS RESTRUCTURING OF UP TO 6,000 HEADCOUNTS TO BE LAUNCHED IN NOVEMBER.  Full Article

Siemens Gamesa to supply wind turbines totaling more than 780 MW in US‍​
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - SIEMENS GAMESA RENEWABLE ENERGY SA ::SAYS TO SUPPLY WIND TURBINES TOTALING MORE THAN 780 MW IN THE UNITED STATES.TO SUPPLY 310 WIND TURBINES OF DIFFERENT TYPES FOR FIVE PROJECTS.  Full Article

Siemens Gamesa to supply 281 MW to onshore wind project in Norway‍​
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - SIEMENS GAMESA ::TO SUPPLY 281 MW NORDLICHT ONSHORE WIND PROJECT IN NORWAY WITH LONG-TERM SERVICE CONTRACT‍​.  Full Article

Siemens says Siemens Gamesa writedowns don't affect guidance
Monday, 16 Oct 2017 

Oct 16 (Reuters) - Siemens AG :Says writedowns at Siemens Gamesa <<>> to have no impact on Siemens targets for FY 2016/17‍​.  Full Article

Siemens Gamesa lowers FY forecast of underlying EBIT and EBIT margin
Monday, 16 Oct 2017 

Oct 16 (Reuters) - SIEMENS GAMESA RENEWABLE ENERGY SA ::SAID ON FRIDAY LOWERS FORECAST OF UNDERLYING EBIT (PRE-PURCHASE ALLOCATION) TO C. 790 MILLION EUROS FROM PREVIOUS C. 900 MILLION EUROS FOR FISCAL YEAR ENDED ON 30 SEPTEMBER.SAYS ALSO LOWERS FORECAST OF PRO-FORMA LAST TWELVE MONTH EBIT MARGIN TO 7 PCT FROM PREVIOUS 8 PCT OR HIGHER.SAYS FORECAST UPDATE DUE TO A WRITE-DOWN IN VALUE OF ASSETS IN UNITED STATES AND SOUTH AFRICAN MARKETS CAUSED BY CURRENT MARKET CONDITIONS AND PRICING PRESSURE.  Full Article

Siemens Gamesa receives order of wind turbines in China with total capacity of 300 MW
Monday, 18 Sep 2017 

Sept 18 (Reuters) - SIEMENS GAMESA RENEWABLE ENERGY SA ::SAYS RECEIVES FIRM AND UNCONDITIONAL ORDER OF 150 WIND TURBINES SUPPLY IN CHINA FOR A TOTAL CAPACITY OF 300 MW.SAYS SUPPLY OF WIND TURBINES EXPECTED TO BEGIN IN SECOND QUARTER 2018, WIND FARM EXPECTED TO BE FULLY OPERATIONAL BY END 2018.  Full Article

Gamesa to supply 278 MW at seven wind developments in India
Thursday, 16 Feb 2017 

Gamesa Corporacion Tecnologica SA : Wins orders for the supply of 278 MW at seven wind developments in India .The projects are slated for commissioning between March and Oct. 2017.  Full Article

Gamesa to build 50-MW wind farm in India
Thursday, 22 Sep 2016 

Gamesa Corporacion Tecnologica SA : To build a 50-MW wind farm for ReNew Power in India under turnkey arrangement .The wind farm's commissioning is scheduled for March 2017.  Full Article

Gamesa to maintain a 69 MW wind complex in Sicily for Alpiq
Tuesday, 6 Sep 2016 

Gamesa Corporacion Tecnologica SA :Says signs deal with Alpiq to maintain a 69 MW wind complex in Sicily, Italy.  Full Article

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Siemens to cut 6,900 jobs to tackle flailing turbines business

FRANKFURT Siemens will cut about 6,900 jobs, or close to 2 percent of its global workforce, mainly at its power and gas division, which has been hit by the rapid growth of renewables.