International Companies

Siemens Q3 profits jump as electrification demand rises

By Benjamin Chiou

Date: Thursday 08 Aug 2024

(Sharecast News) - German industrial technology conglomerate Siemens held on to full-year guidance on Thursday after posting a big jump in third-quarter profits.
Net income totalled €2.13bn in the three months to 30 June, up 48% on last year, with revenues rising 5% to €18.9bn, bolstered by double-digit increases in Smart...

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