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Siemens Gamesa Renewable Energy SA GCTAF

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Morningstar’s Analysis

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PREMIUM

5-Star Price

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Economic Moat

PREMIUM

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Company Profile

Business Description

Siemens Gamesa is a leading manufacturer of onshore and offshore wind turbines with the second-highest installed capacity in the world. The company is the product of the merger between Siemens Wind Power and Gamesa in 2017. The firm operates in two business segments: wind turbines and service. In 2019, approximately 73% of sales were generated across Europe, the Middle East, and Africa. Siemens Energy (a recent spin-off from Siemens AG) owns 67% of Siemens Gamesa’s shares.

Contact
Parque Tecnologico de Bizkaia, Building 222
Zamudio, 48170, Spain
T +34 944037352
Sector Industrials
Industry Specialty Industrial Machinery
Most Recent Earnings Dec 31, 2020
Fiscal Year End Sep 30, 2021
Stock Type
Employees 25,918