Energy

Siemens Energy raises outlook after forecast-beating second quarter

Photo caption: Siemens logo

 

Siemens Energy on Wednesday raised its outlook for the current fiscal year, citing a strong performance in all of its business areas which provide equipment and services to the global power industry.

The group said it now expects a profit margin before special items of 4-6% in 2025, up from 3-5% previously, while sales are expected to rise by 13-15%, up from 8-10%.

 

 

 

 

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