Siemens reports a 52% jump in profits despite weak demand across most of the world

Quick Summary:

Group-wide revenue was up three percent in Q1 to 18.4 billion euros.

The German giant said it still anticipates its revenue to increase between three and seven percent in 2025.

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Article Details

Author / Journalist: AFP

Category: EconomyBusiness

Markets: United States

Topics: LondonWires Germany Results Fortune 500 Europe Robotics Siemens

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-13 @ 10:33:44 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 31 words

Reading Time: 1 minutes read

Sentences: 4 lines

Sentence Length: 8 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 26116076

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Official Website: fortune.com

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