I’m Zack Fuss and today we are breaking down Siemens Energy, a spinoff from industrial giant Siemens. Siemens Energy operates across the entire energy value chain, with a significant presence in both conventional and renewable power.
What makes this company particularly interesting is its position at the forefront of the energy transition. Siemens is uniquely placed to bridge the gap between traditional energy sources and renewables. However, the company faces real challenges, particularly in its renewables division.
To break down Siemens Energy, I’m joined by Mark Hiley, CEO of The Analyst, a London-based independent equity research firm.
Show Notes
(00:00:00) Our Partners: Tegus & Public
(00:01:36) Introduction to Business Breakdowns
(00:02:28) Introduction to Siemens Energy
(00:04:06) History and Spin-off of Siemens Energy
(00:07:06) Siemens Energy’s Business Segments
(00:11:03) Gas and Power Segment
(00:21:02) Grid Technologies Segment
(00:29:04) Market Overview
(00:29:10) Transformation of Industry and Hydrogen Skepticism
(00:30:42) Electrification, Automation, and Digitalization
(00:31:35) Siemens Gamesa: A Wind Business History
(00:35:00) Challenges and Opportunities in the Wind Industry
(00:37:02) Future Prospects and Strategic Importance
(00:44:37) Financial Profile and Balance Sheet Analysis
(00:52:05) Concluding Thoughts and Lessons Learned