Siemens Energy AG : Q1 preliminary results out: strong start to the year, FY guidance still confirmed
>Siemens Energy announced preliminary Q1 results well above forecasts - Siemens Energy announced yesterday evening Q1 preliminary results well above forecasts in all divisions. In short, Q1 exceeded FY guidance in terms of top-line growth and EBIT margin range. Orders are around € 3bn better than the consensus of which € 2.3bn is related to Grid (some pull-forward effects). Revenue is around € 300m better than the consensus (with all business areas contributing to thi...
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