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Siemens Gamesa Posts Net Profit of €286 Million in Q4 FY22

The company, however, reported a net loss of €940 million in FY22

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Spain-based wind engineering company Siemens Gamesa Renewable Energy reported a profit of €286 million ($293.34 million) in the fourth quarter (Q4) of the fiscal year (FY) 2022, a year-on-year (YoY) increase of 210.85% from a loss of €258 million ($264.67 million).

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