Wind turbine maker Siemens Gamesa posts large Q1 loss amid product failures

Turbine maker Siemens Gamesa has recorded a €760 million loss in its preliminary results for the first quarter of its financial year, blaming higher warranty and service costs for already installed turbines than previously estimated.

by Craig Richard
Siemens Gamesa's headquarters in Zamudio, Spain (pic credit: Europa Press News/Getty Images)
Siemens Gamesa's headquarters in Zamudio, Spain (pic credit: Europa Press News/Getty Images)

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