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home / news releases / GCTAY - Siemens Gamesa: Pre-Release Dampens The Outlook But M&A Optionality Presents Upside

GCTAY - Siemens Gamesa: Pre-Release Dampens The Outlook But M&A Optionality Presents Upside

Siemens Gamesa Renewable Energy SA ADR
  • Siemens Gamesa discloses below-par preliminary numbers for its latest quarter, with disappointing results across the top and bottom lines.
  • With supply chain headwinds and cost inflation set to continue, the full-year guidance also moves lower.
  • However, the potential for a takeout by Siemens Energy presents considerable near-term upside to the shares.

For further details see:

Siemens Gamesa: Pre-Release Dampens The Outlook, But M&A Optionality Presents Upside
Stock Information
Company Name: Siemens Gamesa Renewable Energy SA ADR
Stock Symbol: GCTAY
Market: OTC
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