Siemens Gamesa Renewable Energy SA operates in the Turbines and turbine generator sets sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Siemens Gamesa Renewable Energy SA with three other
manufacturers of engines in Europe:
Vestas Wind Systems AS
of DENMARK
(2020
sales of 110.45 billion Danish Kroner [US$18.04 billion]
of which 86%
was Power Solutions),
Nordex SE
of GERMANY
(4.65 billion Euros [US$5.64 billion]
of which 91%
was Projects), and
Wartsila Oyj Abp
which is
based in FINLAND
(4.60 billion Euros [US$5.59 billion]
of which 38%
was Marine Power).
Sales Analysis.
Siemens Gamesa Renewable Energy SA reported sales of 9.48 billion Euro (US$11.51 billion)
for the
fiscal
year ending
September of 2020.
This
represents
a
decrease of 7.3%
versus 2019, when the company's sales were 10.23 billion Euro.
Contributing to the drop in overall sales was the 11.7% decline
in Wind Turbine Manufacturing, from 8.73 billion Euro to 7.71 billion Euro.
.
However, these declines were partially offset by the increase in sales of
Operation and Maintenance (up 18.4% to 1.77 billion Euro)
.