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

MCE - MCE Delayed price. Currency in USD
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1.4850+0.0050 (+0.34%)
At close: 05:15PM CEST
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Previous close1.4800
Open1.4700
Bid1.4400 x N/A
Ask1.4750 x N/A
Day's range1.3850 - 1.5200
52-week range1.1800 - 1.5400
Volume71,343
Avg. volume20,912
Market cap140.493M
Beta (5Y monthly)0.62
PE ratio (TTM)16.50
EPS (TTM)0.0900
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • POWER Magazine

    Siemens Gamesa Changes CEO, Announces Job Cuts as Part of New Focus

    Siemens Energy announced an overhaul of its struggling wind power division on May 8, unveiling plans for a new CEO for its wind turbine business and also saying job cuts […]

  • 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.