Siemens Energy on Monday said that net loss narrowed in the second quarter and adjusted the outlook for fiscal 2023.
Revenue came in roughly 24% higher on year at EUR8.03 billion from EUR6.58 billion, while the order intake rose sharply to EUR12.26 billion from EUR7.91 billion in the previous year. Looking at fiscal 2023, the company said it now expects a comparable revenue growth between 10% and 12% from previously between 3% and 7%.
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