OverviewSuggest Edit

Siemens Gamesa is a global supplier of wind power solutions operating in the renewable energy sector. It specializes in the development, manufacturing, installation, and maintenance of wind turbines. The company has three business units, such as Onshore Wind Power, Offshore Wind Power, and Service. The company was created as a result of a merger between Siemens Wind Power and Gamesa.

TypePublic
Founded1976
HQZamudio, ES
Websitesiemensgamesa.com
Employee Ratings3.3

Latest Updates

Employees (est.) (Jun 2020)24,284
Job Openings564
Revenue (FY, 2019)€10.2 B(+13%)
Share Price (Nov 2020)€27.5
Cybersecurity ratingFMore

Key People/Management at Siemens Gamesa

Andreas Nauen

Andreas Nauen

CEO
Dietmar Dresp

Dietmar Dresp

Chief Procurement Officer
Alan Feeley

Alan Feeley

Chief Information Officer and Chief Cyber Security Officer
Antonio de la Torre

Antonio de la Torre

Chief Technology Officer
Christoph Wollny

Christoph Wollny

Chief Operating Officer
Miguel Ángel López

Miguel Ángel López

Chairman of the Board
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Siemens Gamesa Office Locations

Siemens Gamesa has offices in Zamudio, Aoiz, Parque Industrial de As Somozas, Sarriguren and in 53 other locations
Zamudio, ES (HQ)
Parque tecnológico de Bizkaia Building, 222
Aoiz, ES
Pol. Ind. Calle C, 1
Sarriguren, ES
Av. Ciudad de la Innovación, 9, 11
Bayswater, AU
885 Mountain Hwy
Macquarie Park, AU
160 Herring Rd
Wien, AT
Siemensstraße 90
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Siemens Gamesa Financials and Metrics

Siemens Gamesa Revenue

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Siemens Gamesa's revenue was reported to be €10.23 b in FY, 2019 which is a 12.1% increase from the previous period.
EUR

Revenue (H1, 2020)

4.2b

Gross profit (H1, 2020)

5.8m

Gross profit margin (H1, 2020), %

0.1%

Net income (H1, 2020)

(340.1m)

Market capitalization (19-Nov-2020)

18.7b

Closing stock price (19-Nov-2020)

27.5

Cash (31-Mar-2020)

1.4b

EV

19.0b
Siemens Gamesa's current market capitalization is €18.7 b.
Annual
EURFY, 2017FY, 2018FY, 2019

Revenue

6.5b9.1b10.2b

Revenue growth, %

40%12%

Cost of goods sold

6.0b8.2b9.3b

Gross profit

581.4m954.5m948.2m
Half Year
EURH1, 2018H1, 2019H1, 2020

Revenue

4.4b4.7b4.2b

Cost of goods sold

3.9b4.2b4.2b

Gross profit

459.6m438.0m5.8m

Gross profit Margin, %

11%9%0%
Annual
EURFY, 2017FY, 2018FY, 2019

Cash

1.7b2.4b1.7b

Accounts Receivable

1.1b1.1b1.3b

Inventories

3.5b1.5b1.9b

Current Assets

7.0b7.3b7.9b
Half Year
EURH1, 2018H1, 2019H1, 2020

Cash

1.5b1.4b1.4b

Accounts Receivable

1.1b1.1b1.0b

Inventories

1.8b2.0b2.1b

Current Assets

6.3b7.1b7.4b
Annual
EURFY, 2017FY, 2018FY, 2019

Net Income

(12.8m)69.9m140.9m

Depreciation and Amortization

472.0m645.2m646.8m

Inventories

(544.4m)552.1m(342.8m)

Accounts Payable

(48.6m)165.0m170.6m
Half Year
EURH1, 2018H1, 2019H1, 2020

Net Income

(585.0k)68.0m(340.1m)

Depreciation and Amortization

317.2m295.1m353.9m

Inventories

245.7m(489.1m)(305.8m)

Accounts Payable

(669.0m)(215.3m)(161.4m)
EURFY, 2017

Revenue/Employee

256.5k

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

2.6 x
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Siemens Gamesa Acquisitions / Subsidiaries

Company NameDateDeal Size
Ria Blades, S.A.April 30, 2020
Senvion (Assets and Intellectual Property)April 30, 2020
Adwen Blades GmbH
Adwen Offshore, S.L.
Cedar Cap Wind, LLC
Central Eólica de México S.A. de C.V.
Diversified Energy Transmissions, LLC
EcoHarmony West Wind, LLC
Estructuras Metalicas Singulares, S.A.
Gamesa (Beijing) Wind Energy System Development Co, Ltd
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Siemens Gamesa Revenue Breakdown

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Siemens Gamesa revenue breakdown by business segment: 55.0% from Wind Turbines, 9.4% from Operation and Maintenance and 35.6% from EMEA

Siemens Gamesa revenue breakdown by geographic segment: 21.9% from Spain, 44.4% from America and 33.7% from APAC

Human Capital Metrics

Siemens Gamesa's employees are reported to be approximately 19% female and 81% male.
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Siemens Gamesa Cybersecurity Score

Cybersecurity ratingPremium dataset

F

52/100

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Siemens Gamesa Online and Social Media Presence

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Siemens Gamesa News and Updates

Siemens Gamesa Partners with Eolus Vind to Deliver 5.X Turbines

Siemens Gamesa has signed a new deal for its 5.X platform in Sweden, further consolidating these wind turbines as the leading technology in one of the largest and most sophisticated wind markets in the world. The company will deliver seven SG 5.8-170 and four SG 5.8-155 to wind power developer Eolus…

Siemens Gamesa completes a challenging fiscal year 2020 with record order intake, as momentum for wind energy grows

Siemens Gamesa logged a record order intake of €14,736m (+15.6 y/y) during fiscal year 2020, a challenging year dominated by Covid-19 and tough market conditions, ending with a backlog of €30.2bn that provides a solid foundation for the future and reflects the momentum for wind energy. In the th…

Siemens Gamesa hits 500 nacelles at Cuxhaven

Siemens Gamesa has celebrated the 500th nacelle to roll off the production line at its plant in Cuxhaven, Germany. The nacelle will form part of the 8.4MW turbines that will be installed at Orsted's 1.4GW Hornsea 2 offshore wind farm off the east coast of England. Siemens Gamesa's Cuxhaven fac…

Leading the way to a cleaner future: Siemens Gamesa powered by 100% renewable electricity worldwide

Companies in the industrial sectors account for more than 12Gt of the CO2 emissions worldwide. To reduce emissions, governments and companies have intensified their efforts to transition to a carbon neutral economy by increasing green energy sources, mainly renewables. Siemens Gamesa is leading the…

Siemens Gamesa upgrades Senvion service

Siemens Gamesa engineers have developed a series of enhanced hardware and software technologies that aim to improve the performance of Senvion turbines. The company said the 'Turbine Control Upgrade 2.0’ can increase the annual energy production of Senvion turbines by 1.8% on average. Siemens …

Siemens Gamesa and Vestas Neck and Neck as Wind Turbine Sales Dip in Q2

The second quarter of 2020 saw more than 17 gigawatts of wind turbine capacity ordered globally, worth an estimated $16 billion, according to the new Wood Mackenzie wind order analysis report focused on Q2. Globally, Q2 2020 saw wind turbine orders decrease by 45 percent versus Q2 2019. This was pa…
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Siemens Gamesa Frequently Asked Questions

  • When was Siemens Gamesa founded?

    Siemens Gamesa was founded in 1976.

  • Who are Siemens Gamesa key executives?

    Siemens Gamesa's key executives are Andreas Nauen, Dietmar Dresp and Alan Feeley.

  • How many employees does Siemens Gamesa have?

    Siemens Gamesa has 24,284 employees.

  • What is Siemens Gamesa revenue?

    Latest Siemens Gamesa annual revenue is €10.2 b.

  • What is Siemens Gamesa revenue per employee?

    Latest Siemens Gamesa revenue per employee is €421.1 k.

  • Who are Siemens Gamesa competitors?

    Competitors of Siemens Gamesa include Mingyang Smart Energy, Duke Energy and TPI Composites.

  • Where is Siemens Gamesa headquarters?

    Siemens Gamesa headquarters is located at Parque tecnológico de Bizkaia Building, 222, Zamudio.

  • Where are Siemens Gamesa offices?

    Siemens Gamesa has offices in Zamudio, Aoiz, Parque Industrial de As Somozas, Sarriguren and in 53 other locations.

  • How many offices does Siemens Gamesa have?

    Siemens Gamesa has 76 offices.