Overview
- Total orders rose more than 30% in the fiscal first quarter to €17.6 billion as Gas Services booked 102 turbines, converting 12 gigawatts of reservations and adding 12 gigawatts of new ones.
- About 40% of new turbine orders came from the United States and roughly 35% from Europe, with the remainder from the Middle East and China.
- The grid technology division reported robust growth, including several U.S. data‑center orders worth a high triple‑digit‑million‑euro volume.
- Net profit climbed to €746 million from €252 million a year earlier, and the shares rose more than five percent in Frankfurt trading.
- The company announced a $1 billion U.S. expansion that includes a new equipment plant in Mississippi and roughly 1,500 new jobs.