Siemens Energy starts the new financial year with growth: What financial experts say about it

Siemens Energy starts the new financial year with growth: What financial experts say about it

According to a report by www.finanzen.net,

The energy technology group Siemens Energy started the new financial year successfully. Sales and earnings improved significantly, with the energy transmission business in particular recording significant growth. Operating profit was in the black at 208 million euros, after a previous loss of 282 million euros. The CEO expects a stronger first half of the year overall. Due to the billion-dollar sale of shares in its Indian business, a profit of almost 1.6 billion euros was in the books at the end of December. This sale was part of a broad agreement on guarantees to secure orders that Siemens Energy reached with banks and the federal government in mid-November.

The company's results were met with relief from investors, which had a positive impact on Siemens Energy shares.

Investors were relieved by Siemens Energy's positive results. The share rose by 0.91 percent on Wednesday, which allowed its recovery to continue with prices above 14 euros and the highest level since the beginning of August. Market estimates were already above the upper end of the group's growth targets and close to the midpoint for margins.

This development can have positive effects on the market and the financial industry. Siemens Energy's successful financial year could strengthen investor confidence and have a positive impact on share prices. The positive results could also lead to financial institutions and other companies in the industry investing more in the energy technology group.

It remains to be seen whether these positive developments will stabilize in the long term and have a positive impact on the market and the financial sector. It is advisable to closely monitor the further development of Siemens Energy and carefully examine possible investments.