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Top related persons:
Maria Ferraro - 3 Siemens Gamesa - 2 Ferraro - 1 Christian Bruch - 1 us - 1 JP Morgan - 1 Jochen Eickholt - 1 Bruch - 1
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FRANKFURT BERLIN
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Siemens Energy - 3 Siemens - 2 Siemens Gamesa - 2 India's Siemens - 1 CNBC - 1 Finance - 1 JP - 1 Thomson - 1

Search resuls for: "Maria Ferraro"


4 mentions found


☆ Siemens Energy swings to profit on order surge, sale of Indian stake
  + stars: | 2024-02-07 | by ( Elliot Smith | ) www.cnbc.com   time to read: +2 min
Siemens Energy swung to profit in its first fiscal quarter on the back of a surge in orders and a one-off gain from selling a stake in its Indian affiliate to parent company Siemens . The German renewables firm reported a 1.58 billion euro ($1.7 billion) net profit, driven by the sale of its 18% stake in India's Siemens Limited for 2.1 billion euros. Siemens Energy posted a 23.9% year-on-year increase in orders to 15.4 billion euros, with a book-to-bill ratio of 2.01, pushing its order backlog to a record high of 118 billion euros. Siemens Energy suffered a tough 2023, as problems with manufacturing faults at Siemens Gamesa forced the parent company to a 4.6 billion euro loss for the fiscal year. "We have just shy of 42 billion in backlog in our Siemens Gamesa business — this is also a record order backlog.
Persons: Siemens Gamesa, Maria Ferraro, Ferraro Organizations: Siemens Energy, Siemens, India's Siemens, Siemens Gamesa, CNBC
☆ Siemens Energy working through wind turbine quality issues, CFO says
  + stars: | 2024-02-07 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSiemens Energy working through wind turbine quality issues, CFO saysMaria Ferraro, chief financial officer at Siemens Energy, discusses the German renewables company's fiscal first-quarter earnings and efforts to address quality issues at its wind turbine unit.
Persons: Maria Ferraro Organizations: Siemens Energy
☆ Siemens Energy's turbine troubles to last years, shares dive
  + stars: | 2023-06-23 | by ( Sabine Wollrab Maria Sheahan Christoph Steitz | Sabine Wollrab | Maria Sheahan | ) www.reuters.com   time to read: +2 min
FRANKFURT/BERLIN, June 23 (Reuters) - Siemens Energy (ENR1n.DE) warned on Friday that the impact of quality problems at its Siemens Gamesa wind turbine business would be felt for years and were not yet quantifiable, sending its shares tumbling by nearly a third. Finance chief Maria Ferraro earlier told analysts that the majority of the hit would be over the next five years. Issues at Siemens Gamesa have been a drag on the parent for a long time, prompting Siemens Energy to take full control of the business after only partially owning it for several years. The discovery of faulty components at Siemens Gamesa in January had already caused a charge of nearly half a billion euros. At the same time, he said he did not believe that the full takeover of Siemens Gamesa had been a mistake.
Persons: Christian Bruch, Maria Ferraro, us, JP Morgan, Jochen Eickholt, Bruch, Spain's Gamesa, Siemens Gamesa, Kirsten Donovan, Jason Neely, Jane Merriman Organizations: Siemens Energy, Siemens, Finance, JP, Siemens Gamesa, Thomson Locations: FRANKFURT, BERLIN
☆ We're very confident about our order backlog, says Siemens Energy CFO
  + stars: | 2023-05-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're very confident about our order backlog, says Siemens Energy CFOMaria Ferraro, CFO of Siemens Energy, discusses the company's earnings and the planned energy transition.
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