Siemens AG operates in the Turbines and turbine generator sets sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Siemens with three other
manufacturers of engines in Europe:
Vestas Wind Systems AS
sales of 110.45 billion Danish Kroner [US$17.88 billion]
of which 86%
was Power Solutions),
Siemens Energy AG
(27.46 billion Euros [US$33.04 billion]
of which 65%
was Gas and Power), and
Siemens Gamesa Renewable Energy SA
based in SPAIN
(9.48 billion Euros [US$11.41 billion]
of which 81%
was Wind Turbine Manufacturing).
Siemens reported sales of 57.14 billion Euro (US$68.76 billion)
September of 2020.
decrease of 34.2%
versus 2019, when the company's sales were 86.85 billion Euro.
Contributing to the drop in overall sales was the 14.2% decline
in Financial Services (Sfs), from 777.00 million Euro to 667.00 million Euro.
There were also decreases in sales in
Siemens Healthineers (down 0.4% to 14.35 billion Euro)
Digital Industries (down 6.8% to 14.28 billion Euro)
Smart Infrastructure (down 4.7% to 13.74 billion Euro)
Portfolio Companies (down 6.8% to 4.63 billion Euro)
However, these declines were partially offset by the increase in sales of
Mobility (up 1.6% to 9.01 billion Euro)
Reconciliation (up 20.5% to 458.00 million Euro)