1 Day
Source:
مباشر
Siemens Energy profits driven by AI turbines
Siemens Energy achieved record profits in the third quarter of 2026 thanks to the increasing demand for gas turbines tailored for AI data centers in the United States, as well as electricity plant projects in the Middle East. Sales rose by 18.5% to reach €11.45 billion, surpassing expectations, while pre-item profits amounted to €1.62 billion, with projections of achieving the highest profit margin in 2026 between 10% and 12%. The growth is attributed to continued demand for energy equipment, especially as governments shift towards natural gas to reduce emissions, coupled with rising investments in data centers in the region—strengthening the future of power generation and market transition toward electricity.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)