Siemens Wind orders surge on UK win as unit returns to black

Siemens posted a jump in orders in its wind power and renewables division during its fiscal second quarter, boosted by a €1.2bn ($1.38bn) turbine and service deal for an offshore wind project in the UK, while revenue also rose.

Siemens CEO Joe Kaeser
Siemens CEO Joe Kaeser
Published 4 May 2016, 07:58Updated 25 October 2016, 16:06
Middle East & AfricaOffshore