Turnover, on the other hand, grew by 20.4% to EUR 15,092 million and orders received increased by 53.9% to EUR 24,983 million.
the German group Siemens energy recognized net attributable losses of €204 million between January and March, the second fiscal quarter for the company, representing a floor of the same of 26.7% compared to the result in the same period of the previous year, as reported by the multinational.
The marketing reached 8,028 million euros, 22% more than sales in the same second quarter, while orders received increased 56.3% year-on-year to 12,256 million euros.
In particular, the gas services from Siemens increased its turnover by 24.6% to 2,842 million euros, while the technology area of the networks billed 1743 million euros, 25.9% more. On the other hand, the distribution of industrial transformation Siemens saw its turnover grow by 19.9% to EUR 1,156 million, while Siemens Gamesa posted EUR 2,438 million, 12% more.
For its part, the total expenses for production, sales, general, administrative and R&D costs 8047 million euros18.8% more.
With respect to Siemens Energy’s first fiscal half year, the German company recorded net attributable losses of €787 million, 131.8% more than in the same period last year, although sales grew by 20.4% to EUR 15,092 million and orders received increased by 53.9% to EUR 24,983 million. Expenses rose by 20.9% in the six months to EUR 15.610 million.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
