BREAKING NEWS

Wind power blows Siemens off course

 Comments
Wind power blows Siemens off course
Euronews logo
Text size Aa Aa

Siemens has slashed its full-year earnings target because of headwinds at its wind farm division.

The German industrial conglomerate’s quarterly net income dropped by 64 percent after it had to take substantial charges, one of them related to delays in wind power projects.

In addition new orders fell more than expected.

Click on the link above to watch our Behind Markets report

Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.