Siemens Energy AG : A warning on the 2024 consensus and a need to shore up the balance sheet
>Need of additional guarantees on contracts - There have been media reports (wiwo) of negotiations between Siemens Energy, the banks and the German government regarding needs for guarantees on contracts. Following these press leaks, Siemens Energy had to publish a press release yesterday.It said that because of significant growth in the order intake, particularly in the former Gas and Power business, there is a rising need of guarantees on contracts. No figure wa...
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