Siemens News
18 articles
growth-positive
Fluence Energy, Inc. Reports Third Quarter 2025 Results; Reaffirms Fiscal Year 2025 Guidance
Fluence Energy, Inc. reported its financial results for the quarter ending June 30, 2025, showing a 24.7% increase in revenue compared to the same quarter last year, reaching approximately $602.5 million. The company also reported a net income of $6.9 million, a significant increase from $1.1 million the previous year. Fluence signed approximately $508.8 million in orders during the third fiscal quarter, with a backlog of $4.9 billion as of June 30, 2025. Additionally, the company secured $1.1 billion in contracts in July and August, including two in Australia. Despite a slower production ramp-up at new U.S. facilities, Fluence reaffirmed its fiscal year 2025 revenue guidance, expecting to be at the lower end of the $2.6 billion to $2.8 billion range.
CustomersInvestment
growth-negative
Stocks to watch next week: BP, Diageo, Disney, Uber and WPP
BP is set to release its second-quarter results amid declining oil and gas prices, with analysts expecting earnings of $1.35 per share and $60 billion in revenue. The company is under pressure due to weak cash flow, rising net debt, and challenges in its transition to cleaner energy sources. Activist investor Elliott has raised concerns over BPs performance, particularly its lagging shareholder returns. Analysts predict a pre-tax profit of $4.6 billion, up from $4.2 billion in Q1, but still below past levels. BPs cash flow and net debt, forecasted to be $24.9 billion by Q1 2025, remain key issues.
Growth-Negative
Siemens Energy Weighs Sale of Indian Stake to Siemens
Siemens Energy AG is reportedly planning to sell a significant portion of its 24% stake in its listed Indian affiliate, Siemens Ltd., to its former parent company, Siemens AG. The move is part of Siemens Energys efforts to strengthen its balance sheet. The shares are currently worth about $3.5 billion. Siemens Energy is also in talks with the government about loan guarantees, seeking backing worth as much as €16 billion for future projects. The company needs the guarantees to secure new large-scale contracts to build transmission networks and gas turbines.
InvestmentPartners
Growth-Positive
Siemens Energy Soars as Chairman Says ‘No Need’ for State Money
Siemens Energy AGs shares rose by 17% after the companys supervisory board chairman, Joe Kaeser, rejected suggestions of a taxpayer-funded bailout from the German government. The company is in talks with the government for loan guarantees worth up to €16 billion ($16.9 billion) for future projects. This comes after Siemens Energy forecast a €4.5 billion loss for fiscal 2024 due to problems with certain wind turbines at its Spanish Gamesa division. The company is also working on a hydrogen project with a refinery that had its Russian crude oil supply cut off earlier this year.
Investment
growth-negative
Siemens Energy’s Faulty Wind Turbines Become Germany’s Problem
Siemens Energy AG, a spin-off from Siemens AG, is facing a financial crisis due to a fault in thousands of wind turbines, resulting in a repair bill of at least €1.6 billion ($1.7 billion) and an expected net loss of €4.5 billion for the year. The companys value has dropped by more than a third, and it has sought a €16 billion backstop from the government. Siemens Energys issues have been exacerbated by the challenges in the wind industry and increased competition from cheaper Chinese products. The company is considering various measures to strengthen its balance sheet, including factory closures and new turbine designs.
InvestmentManagement ChangesLayoffs
Growth-Positive
Germany Stands Ready to Back Strategic Asset Siemens Energy
The German government is in talks with Siemens Energy AG over €16 billion ($16.9 billion) in loan guarantees. The Economy Ministry views Siemens Energy as a strategic asset in protecting energy supplies and is prepared to support the company. However, the government is insisting that Siemens AG, the companys largest shareholder, step up before any federal guarantees are given. Siemens Energy, despite problems with certain onshore wind turbines, is a leading producer of high-efficiency gas turbines, offshore wind platforms, and grid technology to transport renewable energy to consumers.
InvestmentPartners
Growth-Negative
Siemens Energy’s Wind Debacle Prompts Move for State Backing
Siemens Energy AG is in talks with the German government to secure up to €16 billion ($16.9 billion) in state guarantees as issues at its wind-turbine unit affect the rest of the business, causing shares to drop by 40%. The company needs the guarantees to win new large-scale contracts to build transmission networks and gas turbines. The financial strain from the Gamesa wind unit has threatened the companys balance sheet, leading to a forecasted €4.5 billion loss for fiscal 2024. Siemens Energys market capitalization dropped by around €3.4 billion, marking the biggest intraday drop since the company was spun out of Siemens in September 2020.
InvestmentCustomers
growth-negative
Scholz Battered in German State Votes as Far-Right AfD Gains
Chancellor Olaf Scholz’s ruling coalition in Germany has suffered significant electoral defeats in two key economic regions, Bavaria and Hesse. The far-right Alternative for Germany (AfD) emerged as a strong force in both regions, reflecting its growing national presence. The ruling coalition has been plagued by infighting and increasing voter concerns over Germanys economic stagnation, a surge in migration, and the war in Ukraine. The election results could lead to a full reset of the political agenda in Berlin or to a de facto standstill.
Management Changes
Neutral
Siemens sees weakening demand trends as Q3 misses forecasts
Chris Christie, former New Jersey governor and Republican presidential candidate, has stated that the U.S. should provide Israel with everything it needs to defend itself against attacks by militant group Hamas. He also highlighted the importance of engaging allies in the region, such as Jordan and Saudi Arabia, to prevent the conflict from spreading. Christie criticized the dysfunction in the U.S. House of Representatives, where a small group of Republican lawmakers voted to oust Speaker Kevin McCarthy, leaving the House without a way to pass legislation, including foreign aid.
Management Changes
Neutral
Siemens CEO says customers looking outside China for new investments
Republican presidential candidate Chris Christie has criticised the irresponsibility of Republicans in the House of Representatives, who he says are paralysing the House with their fight over the Speaker position. This comes in the wake of a large-scale attack by Hamas on Israel. Christie believes that the US should provide Israel with everything it needs to defend itself and to eliminate the leadership of Hamas. He also believes that the US should engage allies in the region, such as Jordan and Saudi Arabia, to prevent the conflict from spreading.
Management Changes
growth-positive
Siemens' Global Venture Firm Next47 Opens Office In Israel
Next47, the venture arm of Siemens, has launched its Israel operations with the opening of a new office in Herzliya. The company sees Israel as an important market for investments and is doubling down on its commitment to the ecosystem. Next47 invests in startups focused on deep technologies such as AI, AR/VR, cybersecurity, autonomous driving, IoT, and robotics. The fund has previously invested in Israeli startups including Bringg, Bizzabo, and Logz.io. Moshe Zilberstein, previously of Norwest Venture Partners, will lead Israeli investments for Next47.
PartnersInvestment
growth-positive
Natural gas gains: Engineering giant Siemens to build Israeli power plants
Siemens AG has been invited by RD Energy, a private Israeli energy provider, to supply turbines for two new natural gas power stations in northern Israel. Siemens will also be responsible for the factories’ engineering, procurement and construction plan. The power stations, expected to be completed in 2018, will each produce 70 megawatts of electricity. The announcement comes amid rising debt for the Israel Electric Corporation and the search for alternative ways to generate electricity.
PartnersExpand
growth-positive
Siemens AG Launches Tel Aviv Innovation Lab
Siemens AG has launched an innovation lab in Israel called Siemens Dynamo. The lab is a structured program designed to support startups at various stages of development until the commercialization stage. Israeli startups in the program will have access to Siemens technologies and the opportunity to experiment in the production lines of large Israeli companies. The lab will provide technical support, collaboration with Siemens experts, exposure to industrial solutions and challenges, and experience in existing manufacturing plants. Siemens has already invested about $992 million in 180 startups worldwide. The addition of startups in the lab could potentially lead to their future acquisition by Siemens if their technologies align with Siemens products and solutions.
PartnersInvestment
growth-negative
IEC to pay millions to fix defective Siemens turbines
Siemens turbines procured by Israel Electric Corporation (IEC) were found to be defective, leading to significant repair costs. Siemens admitted to bribing officials to win tenders in the past. The Israel Securities Authority is renewing its investigation into the bribery scandal. IEC executives may face legal action for receiving bribes from Siemens. The repair costs for the defective turbine are estimated to be at least NIS 2 million. The company plans to halt operation of the unit in May. The article was published on March 16, 2016.
Customers
growth-negative
Siemens shuts Solel 4 years after buying it
Solel Thermal Systems, a solar energy equipment maker, is shutting down its plant in Beit Shemesh after failing to find a buyer. Siemens, the companys German parent, made the decision to close the plant. About 150 employees are expected to be laid off. Siemens had acquired Solel for $418 million four years ago but has since written off the entire investment. The closure of the plant is due to the collapse of the global thermal solar industry and the relatively high costs associated with it. Siemens was in talks with several multinational companies to sell the plant, but the negotiations fell through. Abengoa of Spain was one of the potential buyers, but they backed out due to an insufficient number of projects. Siemens is also selling its stake in the photovoltaic energy company Arava Power.
Layoffs
growth-positive
Siemens clinches Solel Solar for $418 million - Globes
German company Siemens AG has acquired Beit Shemesh-based solar thermal energy systems manufacturer, Solel Solar Systems Ltd., for $418 million. The sellers are London-based investment company Ecofin Ltd. and another undisclosed shareholder. Solel Solar, which had a revenue of $90 million in the first half of 2009, is one of the worlds leading suppliers of solar receivers. Siemens plans to keep Solel Solars facilities open and expects to close the deal by the end of the year.
AcquisitionExpand
growth-positive
Siemens Medical Solutions acquires CADVision Medical Technologies - Globes
Siemens Medical Solutions has acquired Jerusalem-based CADVision Medical Technologies, a research and development company that offers a unique mammography CAD system for the detection and analysis of breast lesions. The technology is based on patented algorithms that enable the detection of breast lesions in combination with advanced classification capabilities. The technology is currently undergoing clinical validation. Siemens is in the process of developing CAD technologies for several imaging applications across multiple modalities.
Acquisition
Growth-Positive
Siemens buys eShip-4u of Netanya - Globes
German company Siemens is set to acquire the operations of eShip-4u, an Israeli company that develops automatic delivery machines for managing parcel delivery. The technology has been successfully tested in the US and Europe and is already in use in the US. Siemens plans to merge eShip-4u into its unit that develops logistics and automation solutions for cargo, packages, and goods. Siemens Israel managing director Oren Ahronson said Siemens Israel would hire all eShip-4u employees.
AcquisitionExpand
