Siemens Energy profit soars on AI-driven power demand, shares hit record

By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF, Feb 11 (Reuters) - Siemens Energy's net profit nearly tripled in the first three months of its fiscal year, boosted by AI-driven demand ...

Siemens Energy profit nearly triples on AI-driven demand for gas turbines, grids

By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF, Feb 11 (Reuters) - Siemens Energy on Wednesday said net profit ...

Siemens Energy: Charged Up, But Valuation Shocks - Sell

Siemens Energy AG delivered record Q1 FY2026 results, with €9.7B sales (+13%) and €17.6B in new orders (+34%). Learn more ...

Siemens Energy AG (SMEGF) Q1 2026 Earnings Call Highlights: Record Orders and Strong Profit Growth

Siemens Energy AG (SMEGF) achieves its strongest quarter ever with nearly EUR18 billion in orders and a significant boost in profitability.

Siemens Energy (XTRA:ENR) Is Up 8.9% After $1bn U.S. Build-Out And Gamesa Spin-Off Talk

In early February 2026, Siemens Energy’s CEO Christian Bruch acknowledged the validity of an activist proposal to eventually spin off loss-making Siemens Gamesa, while stressing the need to first ...
POWER Magazine

Siemens Gamesa in Deal with SSE Renewables for European Assets

Siemens Gamesa said it has sold its renewable energy assets in southern Europe to SSE Renewables, a division of Scottish multinational energy company SSE. The deal announced Sept. 1 is for a 3.8-GW ...

Siemens Energy CEO: wind spin-off idea valid, but turnaround comes first

By Christoph Steitz and Laila Kearney FRANKFURT/NEW YORK, Feb 3 (Reuters) - Siemens Energy's CEO said on Tuesday it was ...
Virginia Business

Dominion orders 176 turbines from Siemens Gamesa

Dominion Energy Inc. has ordered 176 offshore wind turbines from Siemens Gamesa Renewable Energy S.A. for its 2.6-gigawatt, $9.8 billion Coastal Virginia Offshore Wind project, the utility announced ...