2024-11-22

http://w3.windfair.net/wind-energy/news/25745-siemens-gamesa-renewable-energy-quarter-market-leader-finances-integration

07/27/2017

Posted by: Windfair Editors

Siemens Gamesa releases third-quarter of fiscal year 2017 results

Global revenues decreased in the third quarter, but the integration process speeds up.

Official Press Release Siemens Gamesa Renewables:

Siemens Gamesa speeds up its integration process and prepares to lead in a growing market

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Global revenues decreased by 7% to €2,693 million in the third quarter of fiscal year 2017 as a result of the temporary downturn of the Indian market. O&M service revenue expanded by 8%, to €300 million / The announced synergies of €230 million are now the 'minimum' and the company expects to realize these synergies in year 3, one year earlier than announced

Today Siemens Gamesa Renewable Energy released its third-quarter of fiscal year 2017 results [1] (from April to June 2017). During this period, the company has accelerated its integration programme. The announced synergies of €230 million are now the 'minimum' and the company expects to realize these synergies in year 3, one year earlier than previously announced. Markus Tacke, CEO of... ... More: Official Press Release Siemens Gamesa Renewables

Keywords:: Siemens Gamesa Renewable Energy, quarter, market leader, finances, integration

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