Today, we take a detailed look at Siemens Energy, a company that is showing signs of a stable recovery after turbulent times. Let’s get straight to the point.

Siemens Energy: Is a comeback on the horizon? Siemens Energy, a globally operating industrial conglomerate in the energy sector, seems to be recovering from the challenges of the past year. Particularly in focus is its wind power subsidiary, Siemens Gamesa, whose losses are now lower than expected. This development raises the question: Is Siemens Energy on the brink of a comeback after the Gamesa debacle?

Six-month chart of Siemens Energy Siemens Energy is approaching the red 200-day line from below. (Source: Stock Screener)

Positive business development against the trend Despite the difficulties at Siemens Gamesa, Siemens Energy has had a successful start to the 2023/24 fiscal year and has exceeded market expectations. With a profit before special effects of 208 million euros in the first quarter – a clear turnaround from a loss of 282 million euros in the same period last year – the company is showing great resilience. Revenue increased by 12.6% to 7.65 billion euros, and orders received rose by an impressive 24% to around 15.4 billion euros. Of particular note is the positive development in the business areas of Gas Services, Grid Technologies, and Transformation of Industry.

Reasons for optimism The improved performance of Siemens Gamesa, although still in the red, exceeds the average expectations of analysts. This suggests that the company is taking the right measures to minimize losses and strengthen profitability. Siemens Energy also benefits from a diversified portfolio that not only focuses on renewable energies such as wind power and photovoltaics, but also provides efficient solutions for conventional energy generation and transmission. Its ability to develop innovative technologies for decarbonization and the integration of renewable energies into existing grids positions Siemens Energy as a key player in the energy transition.

Conclusion: Is Siemens Energy on the rise? Given the recent business results and positive market dynamics, it seems that Siemens Energy has hit rock bottom. Successfully overcoming the challenges at Siemens Gamesa, combined with strong performance in other business areas, could lead the company onto a stable growth path. For investors, this could mean that Siemens Energy, with its comprehensive technology portfolio and strategic focus on the energy sector, is an attractive option. I will keep you updated on further developments.