FRANKFURT, Feb 11 (Reuters) - Siemens Energy on Wednesday said net profit nearly tripled in the first three months of the year, boosted by strong demand for gas turbines and grid equipment and a narrower loss at its wind division.
"Sustained high demand in our gas turbines and grid technologies businesses is making a significant contribution to overall performance," Chief Executive Christian Bruch said.
"Also in the wind business, there are early signs of a modest improvement."
(Reporting by Christoph Steitz in Frankfurt; Editing by Matthew Lewis)
Did you find this insightful?
Bad
Just Okay
Amazing