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Siemens Energy sees positive outlook for US business

Despite the threat of tariff conflicts $ENR (-4,27 %) the prospects in the USA remain good.


"We are seeing incredible growth momentum in the USA," says CEO Bruch. It is the largest electricity market in the world and many new power plants and data centers are being built here.


With the exception of Siemens Gamesa, business continues to go well.


For the full year, Siemens Energy continues to expect growth of eight to ten percent on a comparable basis and an operating margin before special effects of three to five percent. Siemens Gamesa remains the main problem with an expected loss before special items of around 1.3 billion euros.


Source: Handelsblatt

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