Report
Delphine Brault ...
  • Quentin Borie

Siemens Energy AG : Q4 expected to be solid, medium-term targets set to be upgraded, 2025 likely to be tough going for Gamesa

>Q4 set to be largely unsurprising - Order-wise, we see a book-to-bill of >1 for all divisions and 1.11x at the group level, with all segments showing good momentum and including a major offshore order for close to € 3bn. Revenues are set to have grown by 15% in organic terms, thanks largely to Grid Technologies (GT), with growth set to reach 38%, by our estimates. Profit before special items is forecast at -€ 26m, including a loss of -€ 454m for Gamesa and ...
Underlying
Siemens Energy AG

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Delphine Brault

Quentin Borie

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch