(Boursier.com) — The energy sector and more particularly green energy will be one to watch this morning after the new warning from Siemens Gamesa Renewable Energy. The wind power company explains the lowering of its forecast by the inflation of the cost of raw materials and disruptions related to the supply chain which “is now expected to last longer than expected”. Some clients are also delaying their investment decisions due to current market conditions. The firm, which recorded an EBIT before PPA (Purchase Price Allocation) and I&R (integration and restructuring) costs of -319 ME in its first fiscal quarter, now anticipates an EBIT margin before PPA and I&R costs between -4% and +1%, compared to +1% to +4% previously. Revenue is expected to show a decline of between -2% and -9%, compared to a previous range of -2% to -7%.
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