Siemens Gamesa has cut its guidance for the coming year after a turbulent period that has seen its market capitalization nearly halve.
The wind turbine manufacturer on Thursday said it continued to be "challenged by market dynamics," as supply chain disruptions weighed on results.
The wind turbine manufacturer on Thursday said it continued to be "challenged by market dynamics," as supply chain disruptions weighed on results. Performance had been affected by supply chain disruptions in manufacturing alongside challenges in project execution and its onshore segment, it said.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Siemens Gamesa replaces CEO after three profit warningsStruggling wind turbine maker Siemens Gamesa on Wednesday named a new chief executive for the second time in less than two years, more than 10 days after issuing the latest in a series of profit warnings.
Read more »
Siemens Gamesa replaces CEO after three profit warningsStruggling wind turbine maker Siemens Gamesa on Wednesday named a new chief executive for the second time in less than two years, more than 10 days after issuing the latest in a series of profit warnings.
Read more »
Fishing coalition sues fed agencies over Vineyard Wind projectThe Responsible Offshore Development Alliance sued the agencies and their heads in U.S. District Court, alleging that they violated a number of federal environmental statutes in approving what is on track to be the nation's first utility-scale offshore wind farm.
Read more »
BART reopens bathroom shuttered for 20 years bringing ‘new era’ of rider reliefAfter 20 years San Francisco station finally sees flushing toilets.
Read more »
Why Your Rolex May Be an Even Better Investment Than Stocks, Real Estate and GoldThe value of the average Rolex increased by 160% over the last 10 years.
Read more »