Forecast raisedSiemens earns significantly more
In the past second quarter of fiscal year 2023, Siemens almost tripled its profit compared to the same period of the previous year.
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Siemens Financial Services recorded higher results in a volatile credit environment. The second quarter of 2022 was heavily impacted by charges of €57 million in connection with sanctions imposed on Russia. The results of the investment business remain at the strong level of the previous year. The decrease in total assets is primarily due to negative currency translation effects.