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

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