Tag Archives: loss

Airbus said Thursday that it swung to a loss in 2019 and set new targets for 2020. Airbus AIR, +0.42%  said its full-year net loss was 1.36 billion euros ($ 1.48 billion) compared with a net profit of EUR3.05 billion in 2018. The company was hit by EUR3.6 billion in …

Siemens Gamesa Renewable Energy SA said Tuesday that it swung to a loss in the first quarter of its fiscal 2020 due to project delays, and lowered its full-year guidance. The Spanish wind-turbine maker SGRE, +5.38%  said it booked a quarterly loss of 174 million euros ($ 192.6 million) for …