Siemens Energy narrows Q4 operating loss, expects margins to rise in 2025-February 2024-www.financetom.com

Siemens Energy narrows Q4 operating loss, expects margins to rise in 2025

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Siemens Energy narrows Q4 operating loss, expects margins to rise in 2025

Nov 12, 2024 11:27 AM

FRANKFURT, Nov 12 (Reuters) - Siemens Energy

on Tuesday said its operating profit narrowed in the fourth

quarter, mainly boosted by an improved performance at its ailing

wind turbine division.

The group expects a profit margin before special item of

3-5% in the 2025 fiscal year, up from 1% in 2024, the company

said.

Previous page： Baker Hughes Lands Multi-Year Deal For Dubai Gas Project Next page： Preview: Wf International Limited Set To IPO Tomorrow

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Baker Hughes Lands Multi-Year Deal For Dubai Gas Project

Mar 26, 2025

Baker Hughes Company ( BKR ) shares are trading lower on Wednesday after it secured a multi-year contract with Dubai Petroleum Establishment (DPE) on behalf of Dubai Supply Authority. As per the deal, it will deliver integrated coiled-tubing drilling services for the Margham Gas storage project. By delivering coiled-tubing drilling services, Baker Hughes ( BKR ) expands its role in...

Preview: Wf International Limited Set To IPO Tomorrow

Mar 26, 2025

WF International Limited (NASDAQ:WXM) IPO will take place March, 27 on the NASDAQ exchange under the ticker WXM. The company is offering shares at an expected price between $4.00 and $4.75 per share with an insider lock-up period of 180 days ending on September 23, 2025. See also: Benzinga IPO Calendar About WF International Limited WF International Limited operates as...

Mar 26, 2025

...

Trident Digital Tech Soars On Strategic Tie-Up With Silkoo And Haitu To Power E-Commerce Expansion

Mar 26, 2025

Trident Digital Tech Holdings ( TDTH ) stock surged after it announced a strategic partnership on Wednesday with Silkoo and Haitu to accelerate e-commerce growth, streamline operations, and enhance customer experience by combining their strengths in digital transformation, retail, and the beauty sector. The agreement establishes a framework for collaboration in key areas such as data analytics, strategic planning, supply...