Shares of Siemens Energy AG were losing around 5 percent in German trading after the energy development company reported Tuesday wider net loss in its first quarter and adjusted fiscal 2023 forecast to now expect net loss same as the prior year, due to certain charges at Siemens Gamesa Renewable Energy.
Revenues and orders for the quarter, however, climbed and the company maintained its fiscal 2023 revenue forecast.
For comments and feedback contact: editorial@rttnews.com
Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.