FRANKFURT, Aug 6 (Reuters) - Siemens Energy (ENR1n.DE) , opens new tab is banking on further cost cuts and an ongoing ramp-up of offshore wind activities to meet its goal of breaking even at its loss-making Siemens Gamesa unit, executives told analysts on Wednesday after presenting quarterly results.

Siemens Gamesa, the company's wind turbine division, is expected to incur a loss before special items of around 1.3 billion euros ($1.5 billion) in 2025, targeting break-even in the following year.

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https://www.reuters.com/sustainability/climate-energy/siemens-energy-plans-cost-cuts-offshore-ramp-up-break-even-wind-unit-2025-08-06/