Siemens Energy Posts Loss In Q2; Revenue Down 1.7% On Comparable Basis

Siemens Energy (SMEGF.PK SMNEY.PK) reported that its second quarter adjusted EBITA was negative at 77 million euros compared to positive adjusted EBITA of 197 million euros, prior year, due to the loss at Siemens Gamesa Renewable Energy. Adjusted EBITA before special items of Siemens Energy was negative 21 million euros compared to positive adjusted EBITA before special items of 288 million euros.

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