Annual Report 2018
Leading the way in renewable energy
With our scale, global reach, and balanced business set-up Siemens Gamesa is perfectly positioned to lead growth for the wind industry.
One of the significant developments in 2018 for Siemens Gamesa was the launch of a core strategy for getting our still young company up to speed by 2020. Against a backdrop of transition in the wind industry, we unveiled the L3AD2020 program on February 15, 2018, with the stated objective of ensuring our company’s leading position in the wind sector. The L3AD2020 reflects the commitment of Siemens Gamesa to making real what matters to future generations.
With this target in mind, the company launched a three-year program built on four modules:
- Digitalization and
- Change Management.
L3AD2020 is structured in three stages: merger and stabilization, leveraging economies of scale, and sustainable profitability. At the end of fiscal year 2018, Siemens Gamesa had completed the first stage and achieved all the planned milestones and targets.
We have all it takes to remain a frontrunner. We’re passionate about renewables and sustainability.