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Home » Finance » Siemens Gamesa Narrows Losses in Q1 FY 2025 as Offshore Business Drives Growth
Finance

Siemens Gamesa Narrows Losses in Q1 FY 2025 as Offshore Business Drives Growth

By Alexander FosterFebruary 12, 20252 Mins Read
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Credit:Siemens Gamesa
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Siemens Gamesa reported a narrower loss before special items of €374 million in the first quarter of its 2025 financial year, improving from a €424 million loss in the same period the previous year. The 11.9% reduction in losses was attributed to a sharp increase in orders, with growth in the offshore business outweighing the

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