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Siemens Gamesa Renewable Energy SA (SGREN.MC)

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

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Latest Key Developments (Source: Significant Developments)

Siemens Gamesa Selected As Preferred Supplier For Offshore Project In Taiwan With Total Power Of 300 MW
Wednesday, 13 Nov 2019 

Nov 13 (Reuters) - Siemens Gamesa Renewable Energy SA ::SELECTED AS PREFERRED SUPPLIER FOR AN OFFSHORE PROJECT IN TAIWAN WITH A TOTAL POWER OF 300 MW.OFFSHORE CONSTRUCTION IS PLANNED TO BEGIN IN 2023.  Full Article

Siemens Gamesa To Supply Wind Turbines For The 254 MW Stavro Wind Farm In Sweden
Thursday, 7 Nov 2019 

Nov 7 (Reuters) - Siemens Gamesa ::TO SUPPLY 62 TURBINES WITH A 4.1 MW RATING FOR THE 254 MW STAVRO WIND FARM.POWER PRODUCED WILL BE SOLD THROUGH TWO CORPORATE OFFTAKE AGREEMENTS WITH GOOGLE AND HOLMEN AB.  Full Article

Siemens Gamesa CEO says company will be active in market consolidation
Tuesday, 5 Nov 2019 

Nov 5 (Reuters) - Siemens Gamesa Renewable Energy SA CEO Markus Tacke said::COMPANY WILL BE AN ACTIVE PLAYER IN MARKET CONSOLIDATION, WILL ACTIVELY LOOK AT OPPORTUNITIES.  Full Article

Brexit to have double-digit impact on core earnings - Siemens Gamesa
Tuesday, 5 Nov 2019 

Nov 5 (Reuters) - The CEO of sustainable energy firm Siemens Gamesa Renewable Energy SA , Markus Tacke, told analysts in a conference call::"Brexit will be a double-digit impact EBIT in our potential year, but this is already included in our midpoint of the guidance.".  Full Article

Siemens Gamesa FY Reported Net Profit Up At 140 Mln Euros YoY
Tuesday, 5 Nov 2019 

Nov 5 (Reuters) - Siemens Gamesa Renewable Energy SA ::FY REVENUE 10.23 BILLION EUROS VERSUS 9.12 BILLION EUROS YEAR AGO.FY REPORTED NET PROFIT 140 MILLION EUROS VERSUS 70 MILLION EUROS YEAR AGO.FY REPORTED EBIT 253 MILLION EUROS VERSUS 211 MILLION EUROS YEAR AGO.ORDER BACKLOG OF 25.5 BILLION EUROS AT END-SEPT, UP 11.9% YOY.FY ORDER INTAKE 12.7 BILLION EUROS.MARKET HEADWINDS CONTINUE IMPACTING FY 20 PERFORMANCE IN A TRANSITION YEAR BUT TOP LINE GROWTH IS SECURED.FY EBIT MARGIN PRE PPA AND I&R COSTS AT 7.1%.SEES 2020 REVENUE OF 10.20 BILLION EUROS-10.60 BILLION EUROS.SEES FY2020 EBIT MARGIN PRE PPA AND I&R COSTS AT BETWEEN 5.5% - 7.0%.TRANSFORMATION PROGRAM ON TRACK, TO CONTINUE COMPENSATING PRICING TRENDS WITH €600M IN PRODUCTIVITY SAVINGS IN FY20.FY 22+ TARGETS: ABOVE INDUSTRY GROWTH AND EBIT MARGIN PRE PPA AND I&R BETWEEN 8% AND 10%.  Full Article

Siemens Gamesa To Supply Wind Turbines In Taiwan For Total Capacity Of 376 MW
Tuesday, 29 Oct 2019 

Oct 29 (Reuters) - Siemens Gamesa Renewable Energy SA ::SAYS RECEIVED A FIRM ORDER FOR SUPPLY OF WIND TURBINES IN TAIWAN FOR A TOTAL CAPACITY OF 376 MW.ORDER ENCOMPASSES SUPPLY, DELIVERY AND INSTALLATION OF 47 SG 8.0-167 DD WIND TURBINES INCLUDING A 20 YEAR FULL SERVICE AGREEMENT.OFFSHORE CONSTRUCTION IS EXPECTED TO BEGIN IN 2020.  Full Article

Iberdrola Buys 118 MW Of Wind Power From Siemens Gamesa In Spain
Wednesday, 23 Oct 2019 

Oct 23 (Reuters) - Iberdrola ::BUYS 118 MW OF WIND POWER FROM SIEMENS GAMESA IN SPAIN.  Full Article

Siemens Gamesa To Buy Senvion Deutschland And Ria Blades For 200 Mln Euros
Monday, 21 Oct 2019 

Oct 21 (Reuters) - Siemens Gamesa ::ENTERS INTO BINDING AGREEMENTS WITH THE GROUP SENVION WITH RESPECT TO THE ACQUISITION OF SELECTED ASSETS.TO BUY ALL THE SHARES OF SENVION DEUTSCHLAND GMBH.TO BUY ALL THE SHARES IN RIA BLADES S.A., WHICH OWNS AND OPERATES BUSINESS OF WIND TURBINE BLADES PRODUCTION FACILITY IN VAGOS, PORTUGAL.PRICE PAYABLE IN CASH IS 200 MILLION EUROS.ESTIMATES THAT BUSINESS PROVISIONS AND ONE-OFFS ASSOCIATED TO CARVE-OUT AND INTEGRATION AND RESTRUCTURING RELATED COSTS WILL AMOUNT TO 150 MILLION EUROS.EXPECTS 2,000 EMPLOYEES FROM SENVION GROUP TO JOIN SIEMENS GAMESA.POTENTIAL ACQUISITION TO CLOSE IN H1 2020.  Full Article

Siemens Gamesa Signs Three New Contracts In Chile For The Supply Of 359 MW
Thursday, 17 Oct 2019 

Oct 17 (Reuters) - Siemens Gamesa Renewable Energy SA ::SIGNS THREE NEW CONTRACTS IN CHILE FOR THE SUPPLY OF 359 MW.WIND TURBINE INSTALLATION IS PLANNED FOR NEXT YEAR.  Full Article

Siemens Gamesa To Install 96 Turbines Under 250 MW West Bakr Wind Project In Egypt
Monday, 14 Oct 2019 

Oct 14 (Reuters) - Siemens Gamesa Renewable Energy SA ::TO INSTALL 96 TURBINES AND MAINTAIN THEM FOR 15 YEARS UNDER 250 MW WEST BAKR WIND PROJECT IN EGYPT.FIRST WIND TURBINES WILL BE DELIVERED IN MID-2020 AND PROJECT IS SET TO BE FULLY OPERATIONAL IN 2021.  Full Article

Spanish stocks - Factors to watch on Nov. 13

Nov 13 The following Spanish stocks may be affected by newspaper reports and other factors on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: