SG Talk
Siemens: return to profits, driven by the recovery of the Chinese market - Printable Version

+- SG Talk (https://sgtalk.net)
+-- Forum: SG Talk (https://sgtalk.net/Forum-SG-Talk)
+--- Forum: Market Talk (https://sgtalk.net/Forum-Market-Talk)
+--- Thread: Siemens: return to profits, driven by the recovery of the Chinese market (/Thread-Siemens-return-to-profits-driven-by-the-recovery-of-the-Chinese-market)



Siemens: return to profits, driven by the recovery of the Chinese market - theold - 11-08-2023

German industrial giant Siemens posted a net profit of 1.4 billion euros in the third quarter of its staggered financial year, against a loss of 1.5 billion a year earlier. This good recovery is driven by a "normalization of demand" in China and train orders, despite the setbacks of its energy subsidiary.

https://www.latribune.fr/entreprises-finance/industrie/siemens-retour-des-benefices-au-troisieme-trimestre-porte-par-la-reprise-du-marche-chinois-et-de-la-forte-demande-de-trains-972616.html