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Siemens Portfolio Companies
© Siemens

During Q2/2020, Siemens reorganized certain remaining regional business activities of Gas and Power, which were not carved out into Siemens Energy due to country-specific regulatory restrictions or economic considerations, into Portfolio Companies. In fiscal 2019, revenue and Adjusted EBITA of these activities amounted to €898 million and €117 million, respectively; the figures for the prior-year period are presented on a comparable basis.

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