Lates News

Siemens Energy reported third-quarter revenue of 11.45 billion euros, exceeding market expectations of 11.19 billion euros. Third-quarter order intake was 17.93 billion euros, against market estimates of 16.72 billion euros. The net profit for the third quarter was 1.08 billion euros. The company expects the profit margin before special items for the full year to be at the upper end of the range of 10% to 12%, previously estimated at 10% to 12%, while the market anticipates 12%. It still expects comparable sales growth for the full year to be between 14% and 16%, with the market forecasting a growth of 14.6%.