Siemens Energy AG (SMEGF.PK) reported that its first quarter net income attributable to shareholders dropped to 198 million euros or 0.23 euros per share from last year's 1.55 billion euros or 1.78 euros per share.
In the previous year, special items featured a pre-tax gain from the sale of an 18% share in the centrally held stake in Siemens Limited, India. These special items totaled a negative 18 million euros, compared to a positive 1.670 billion euros in the first quarter of fiscal year 2024, related to disposals.
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