Siemens Gamesa has reported a loss of €374m in its fiscal first quarter.
It marks a reduction on the loss of €472m recorded in the corresponding period last year.
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Order intake was reported at €2.43bn, an increase on the €1.56bn recorded in the previous period.
Preliminary revenue was reported as €2.42bn, compared with the €2bn recorded in the 2024 fiscal first quarter.
Meanwhile parent company Siemens Energy’s grid technologies business recorded a growth in profits despite a drop in orders.
Order intake for grid technologies fell 36.5% to €5.1bn, but revenue grew 24% to €2.48bn.
Profit before special items reached €309m, compared with €213m in the previous corresponding period.