Siemens Gamesa Unveils New Strategy

Wind Industry Profile of

Confirms positive global outlook for wind renewable energy generation / Turnaround in Onshore and growth capture in Offshore and Service to drive future value creation / SGRE sets objective of growing faster than the market and delivering 8-10% EBIT margin pre PPA and I&R costs for FY23 / Reiterates Sustainability commitment

Siemens Gamesa Renewable Energy today outlined its path to long-term sustainable profitable growth at its virtual Capital Markets Day. SGRE said that a refreshed corporate strategy would unleash the full potential of the company by capturing growth opportunities in its profitable Offshore and Services businesses and driving a turnaround in Onshore. The strategy prioritizes profitability over volume, cash generation, as well as efficiency and productivity in... ... More: Official Press Release Siemens Gamesa Renewable Energy

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