Siemens Energy Raises Midterm Outlook, Reports Record Order Book Amid Demand Surge

Siemens Energy raised its midterm outlook after posting a record-high order book and reporting a narrower fourth-quarter loss, driven by rising global demand for power equipment and progress in its wind turbine division turnaround. The company, benefiting from strong growth in wind power, grid modernization needs, and continued demand for gas-fired power plants, joins competitor