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Press

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Press Release23 June 2022

Siemens Energy and Air Liquide form a joint venture for the European production of large scale renewable hydrogen electrolyzers

Siemens Energy and Air Liquide announce the creation of a joint venture dedicated to the series production of industrial scale renewable hydrogen electrolyzers in Europe. With two of the global leading companies in their field combining their experti...

Press Release30 May 2022

From a bird’s-eye view: multi-sensor system and artificial intelligence ensure secure power supply

Inspection of approximately 4,000 km of high-voltage power lines...

Press Release21 May 2022

Siemens Energy AG announces a voluntary cash tender offer for all outstanding shares in Siemens Gamesa Renewable Energy, S.A. with intention to delist and integrate the business

Press Release21 July 2022

Wind power for 1.8 million people: Siemens Energy wins largest grid connection order to date

Turnkey installation and service of the grid connection systems BorWin4 and DolWin4...

Press Releases

Press Release08 August 2022

Earnings Release Q3 FY 2022 - Gas and Power resilient while SGRE again weighing down Group results – Major initiatives taken to shape Siemens Energy for the energy transition

In the recent quarter, Gas and Power (GP) achieved another solid performance despite unfavorable geopolitical and macroeconomic factors which continue to impact Siemens Energy’s business development overall. While both segments faced strong headwinds...
Siemens Energy started the restructuring of its business activities in Russia in the third quarter which burdened the result of GP by €0.2bn, reported as strategic portfolio decisions under special items. These restructuring activities are expected t...
Orders continued to be strong with growth of 60.0% year-over-year on a comparable basis (excluding currency translation and portfolio effects). Both segments contributed to the increase, resulting in third quarter orders of €9.8bn driving order backl...
Revenue of €7.3bn was down by 4.7% on a comparable basis as growth at GP was more than offset by a decline at Siemens Gamesa Renewable Energy (SGRE).
Despite burdens from supply chain constraints, GP reported a positive Adjusted EBITA before special items of €212m nearly on prior-year quarter’s level. Due to the high loss at SGRE, Siemens Energy’s Adjusted EBITA before special items was negative €...
Accordingly, Siemens Energy’s Net loss was €533m (Q3 FY 2021: negative €307m). Corresponding basic earnings per share (EPS) were negative €0.54 (Q3 FY 2021: negative €0.32).
Free cash flow pre tax decreased to negative €25m (Q3 FY 2021: positive €328m) driven by SGRE while GP exceeded the strong prior-year quarter’s level.
On May 21, 2022, Siemens Energy AG announced a voluntary cash tender offer to acquire all outstanding shares in Siemens Gamesa Renewable Energy S.A., i.e., approximately 32.9 percent of the share capital, which Siemens Energy AG does not already own....

Although further negative effects associated with geopolitical and macroeconomic challenges cannot be ruled out, management still expects to achieve its outlook given for GP and Siemens Energy excluding effects from lost revenue in connection with bu...

Press Release21 July 2022

Siemens Energy Takes Next Step to Protect Critical Infrastructure

Siemens Energy joins the AWS Partner Network as a Technology Partner to provide customers with industrial cybersecurity, analytics, and storage solutions
Siemens Energy’s AI-driven Managed Detection & Response (MDR) solution is a first of a kind security offering available in AWS Marketplace built for energy and utilities, by an integrated energy technology company focused across the entire energy val...
MDR’s monitoring and detection insights provide scalable protection against disruptive cyberattacks in the energy sector using innovative artificial intelligence

Press Release21 July 2022

Wind power for 1.8 million people: Siemens Energy wins largest grid connection order to date

Turnkey installation and service of the grid connection systems BorWin4 and DolWin4
Green wind power for around 1.8 million people
Largest offshore grid connection order in the history of Siemens Energy

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Events

days

Press Event08 August 2022

Third Quarter Results FY 2022

We released our third quarter financial results for the fiscal year 2022 on August 8, 2022, at 07:00 a.m. CEST. The Press Conferen...

days

Press Event23 May 2022

Siemens Energy AG announces a voluntary cash tender offer for all outstanding shares in Siemens Gamesa Renewable Energy, S.A.

On May 21, 2022, Siemens Energy AG (“Siemens Energy”) announced a voluntary cash tender offer to acquire all outstanding shares in...

days

Press Event11 May 2022

Second Quarter Results FY 2022

We released our second quarter financial results for the fiscal year 2022 on May 11, 2022, at 07:00 a.m. CEST. The Press Conferenc...

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Features

Feature24 February 2022

Annual Shareholders' Meeting 2022

The Annual Shareholders' Meeting 2022 of Siemens Energy AG was held on Thursday, February 24, 2022, 10:00 a.m. (CET), as a virtual...

Feature09 November 2021

The global energy transition will be based on the hydrogen economy

We are at the beginning of a hydrogen economy. This market will grow rapidly over the next 30 years because the demand for green h...

Feature03 November 2021

Siemens Energy will build climate-neutral hybrid power plant using hydrogen to supply 10,000 households in French Guiana

Power supply around the clock with electricity produced by the sun...

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Press

Popular topics

Siemens Energy and Air Liquide form a joint venture for the European production of large scale renewable hydrogen electrolyzers

From a bird’s-eye view: multi-sensor system and artificial intelligence ensure secure power supply

Siemens Energy AG announces a voluntary cash tender offer for all outstanding shares in Siemens Gamesa Renewable Energy, S.A. with intention to delist and integrate the business

Wind power for 1.8 million people: Siemens Energy wins largest grid connection order to date

Press Releases

Earnings Release Q3 FY 2022 - Gas and Power resilient while SGRE again weighing down Group results – Major initiatives taken to shape Siemens Energy for the energy transition

Siemens Energy Takes Next Step to Protect Critical Infrastructure

Wind power for 1.8 million people: Siemens Energy wins largest grid connection order to date

Events

Third Quarter Results FY 2022

Siemens Energy AG announces a voluntary cash tender offer for all outstanding shares in Siemens Gamesa Renewable Energy, S.A.

Second Quarter Results FY 2022

Features

Annual Shareholders' Meeting 2022

The global energy transition will be based on the hydrogen economy

Siemens Energy will build climate-neutral hybrid power plant using hydrogen to supply 10,000 households in French Guiana

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