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General de Alquiler de Maquinaria, S.A. (GAM.MC)

MCE - MCE Delayed price. Currency in USD
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1.3200+0.0400 (+3.13%)
At close: 05:35PM CET
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Previous close1.2800
Open1.2900
Bid1.3200 x N/A
Ask1.3300 x N/A
Day's range1.2600 - 1.3300
52-week range1.1800 - 1.5400
Volume36,959
Avg. volume14,931
Market cap124.883M
Beta (5Y monthly)0.62
PE ratio (TTM)14.67
EPS (TTM)0.0900
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • The Telegraph

    Energy bills must rise to pay for net zero, says Siemens Energy boss

    The German boss of Britain’s biggest wind turbine maker has warned energy bills will have to keep rising to pay for the green transition as he attacked “fairytale” thinking about net zero.

  • Reuters

    Siemens Energy's struggling wind unit plans $436 million in cost cuts

    FRANKFURT/DUESSELDORF (Reuters) -Siemens Gamesa, the struggling wind division of Germany's Siemens Energy, plans to cut costs by around 400 million euros ($436 million) by 2026, the group said during its much-awaited capital markets day on Tuesday. The goal was to "simplify organization and optimize overhead costs" while the Siemens Gamesa's onshore wind turbine capacity is to be adjusted according to a refined product and market roadmap, according to presentation slides said. "The turnaround of Siemens Gamesa remains our highest priority and we now have a defined path and action plan to reach break-even for the wind business in fiscal year 2026 and to return to profitability thereafter," Siemens Energy CEO Christian Bruch told analysts.

  • Reuters

    Siemens Energy reviews wind turbine business after $5 billion loss

    MUNICH (Reuters) -Siemens Energy may exit some markets and products of its struggling wind turbine business, it said on Wednesday, in a bid to return Siemens Gamesa to profit after it triggered the group's 4.6-billion euro ($5.0-billion) annual net loss. Siemens Energy on Tuesday secured a 12-billion euro credit line from private banks that was partly backstopped by the German government, removing a major concern for investors that feared the group could lose out on business without the funds. A producer of key equipment such as gas turbines, converter stations and wind turbines, Siemens Energy is viewed by the German government as vital to its energy transition from fossil fuels to renewables.