Siemens Gamesa to post small profit in 2027, Siemens Energy CEO says

Siemens Energy AG

14/11/2025 08:52

BERLIN, Nov 14 (Reuters) - Siemens Energy ENR1n.DE expects its struggling wind turbine division, Siemens Gamesa, to post a small profit in 2027, the group's Chief Executive Christian Bruch said on Friday.

Siemens Gamesa, which made a 1.4 billion euro ($1.63 billion) operating loss in the fiscal year that ended September, is forecast to break even in 2026, with finance chief Maria Ferraro saying that while the first quarter would be negative, the fourth quarter would see a return to profit.

($1 = 0.8575 euros)

 (Reporting by Christoph Steitz, Editing by Friederike Heine)

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