Quarterly figures Q3/2021Siemens triples profit
Things are going well for Siemens: the company has raised its profit forecast for the third time. The high-margin digital business in particular is generating profits.
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Strong earnings contribution from the debt financing business, mainly due to a very sharp decline in expenses for loan loss provisions compared to Q3/2020, in which the results were significantly impacted by effects in connection with COVID-19.