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Siemens Gamesa Renewable Energy SA (SGREN.MC)

SGREN.MC on Madrid SE C.A.T.S.

11.69EUR
15 Dec 2017
Change (% chg)

€0.15 (+1.30%)
Prev Close
€11.54
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€11.55
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Latest Key Developments (Source: Significant Developments)

Siemens Gamesa Signs MoU For Offshore Wind Development In Taiwan
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - SIEMENS GAMESA RENEWABLE ENERGY SA ::SIGNS MEMORANDUM OF UNDERSTANDING (MOU) WITH TAIWAN INTERNATIONAL PORTS CORPORATION TO BEGIN A COLLABORATIVE INVESTIGATION INTO THE DEVELOPMENT OF AREAS OF THE TAICHUNG HARBOR IN TAIWAN FOR THE OFFSHORE WIND BUSINESS.NON-BINDING MOU TO INVESTIGATE POSSIBILITIES FOR POTENTIAL MANUFACTURING SITE, OFFICE FACILITIES, AND STAGING AREAS .TIMELINE HAS NOT BEEN SET FOR FINALIZATION OF THE COOPERATION AGREEMENT .  Full Article

Siemens Gamesa Wins Contract For Construction Of 200 MW Project In India
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - SIEMENS GAMESA RENEWABLE ENERGY SA ::WINS CONTRACT TO INSTALL 100 OF ITS G114-2.0 MW WIND TURBINES IN INDIA.NEW ORDER FROM ORANGE RENEWABLE FOR THE EPC CONSTRUCTION OF A 200-MW WIND FARM LOCATED IN POOVANI.PROJECT IS EXPECTED TO BE COMMISSIONED BY FEBRUARY 2019.  Full Article

Siemens Gamesa Signs Contract In Thailand To Supply 103 Turbines With Total Power Of 260 MW
Monday, 27 Nov 2017 

Nov 27 (Reuters) - SIEMENS GAMESA RENEWABLE ENERGY SA ::SIGNS CONTRACT IN THAILAND TO SUPPLY OVER 100 TURBINES WITH TOTAL POWER OF 260 MW.TO DELIVER TURBINES IN AUGUST 2018 AND ITS COMISSIONING AT END OF THE SAME YEAR.  Full Article

Siemens Gamesa starts talks with unions in Spain on restructuring plan‍​
Thursday, 23 Nov 2017 

Nov 23 (Reuters) - SIEMENS GAMESA RENEWABLE ENERGY SA ::STARTS CONSULTATION ROUND IN SPAIN TO AGREE ON MEASURES OF ITS RESTRUCTURING PLAN‍​.TO REDUCE WORKFORCE BY 272 PEOPLE IN SPAIN, WITHIN GLOBAL RESTRUCTURING PLAN OF 6,000 PEOPLE.NEGOTIATION PERIOD WITH THE UNIONS HAS A MAXIMUM PERIOD OF ONE MONTH‍​.  Full Article

Siemens Gamesa to supply 60 MW in three wind farms in Greece
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - SIEMENS GAMESA SA ::DELIVERS WIND TURBINES FOR THREE PROJECTS IN GREECE WITH TOTAL CAPACITY OF 60 MW.THE AGREEMENT INCLUDES MAINTENANCE OF THE THREE PROJECTS FOR THE NEXT TEN YEARS.‍​.  Full Article

Siemens Gamesa eyes 2018 sales between EUR9-9.6 bln, 7-8 pct adj EBIT margin‍​
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Siemens Gamesa :Siemens Gamesa 2017 FY sales up 5 percent to eur 10.96 bln‍​.Siemens Gamesa targets 2018 sales between eur 9-9.6 billion, 7-8 percent adjusted Ebit margin‍​.  Full Article

Siemens Gamesa posts 12 pct drop in H2 sales, announces FY 2018 guidance and restructuring
Monday, 6 Nov 2017 

Nov 6 (Reuters) - SIEMENS GAMESA RENEWABLE ENERGY SA SGREN.MC::APRIL-SEPT UNDERLYING NET PROFIT 118 MILLION EUROS.APRIL-SEPT UNDERLYING EBIT 192 MILLION EUROS VERSUS 525 MILLION EUROS YEAR AGO.APRIL-SEPT SALES 5.02 BILLION EUROS VERSUS 5.73 BILLION EUROS YEAR AGO.ORDER BACKLOG OF 20.7 BILLION EUROS AT END-SEPT.SEES FY 2018 REVENUES OF 9.00 BILLION EUROS - 9.60 BILLION EUROS‍​.SEES 2018 UNDERLYING EBIT MARGIN 7 PERCENT - 8 PERCENT.SEES FY 2018 CAPEX OF C. 500 MILLION EUROS.ESTIMATED IMPACT OF PPA AMORTIZATION OF INTANGIBLE FAIR VALUE OF 321 MILLION EUROS FOR FY 2018.EXPECTED INTEGRATION COSTS OF 160 MILLION EUROS IN FY 2018.SAYS RESTRUCTURING OF UP TO 6,000 HEADCOUNTS TO BE LAUNCHED IN NOVEMBER.  Full Article

Siemens Gamesa to supply wind turbines totaling more than 780 MW in US‍​
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - SIEMENS GAMESA RENEWABLE ENERGY SA ::SAYS TO SUPPLY WIND TURBINES TOTALING MORE THAN 780 MW IN THE UNITED STATES.TO SUPPLY 310 WIND TURBINES OF DIFFERENT TYPES FOR FIVE PROJECTS.  Full Article

Siemens Gamesa to supply 281 MW to onshore wind project in Norway‍​
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - SIEMENS GAMESA ::TO SUPPLY 281 MW NORDLICHT ONSHORE WIND PROJECT IN NORWAY WITH LONG-TERM SERVICE CONTRACT‍​.  Full Article

Siemens says Siemens Gamesa writedowns don't affect guidance
Monday, 16 Oct 2017 

Oct 16 (Reuters) - Siemens AG :Says writedowns at Siemens Gamesa <<>> to have no impact on Siemens targets for FY 2016/17‍​.  Full Article

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European shares lag Wall Street, ECB provides no momentum

LONDON European shares lagged their U.S. peers and closed in negative territory on Thursday, as a busy day of central bank meetings failed to provide momentum even though the European Central Bank raised its growth and inflation forecasts.