Frankfurt, Germany, May 15, 2025 (AFP) - Siemens sticks to forecast despite uncertainty

NAMPA / AFP
2025-05-15
German industrial giant Siemens reported an unexpected jump in quarterly profits Thursday and stuck to its outlook for the year but warned of "increased uncertainty" in the global economy. Net profit came in at 2.4 billion euros ($2.7 billion) between January and March, up 11 percent from a year earlier. Analysts had forecast a slight decline. The better than expected results were driven by strong performances in the mobility division -- which ma......
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