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Siemens, one of the largest manufacturing companies in Europe, reported a rise in net profit and revenue for the third quarter, the company said on Thursday. For the three-month period, the company recorded a net income of €2.1 billion ($2.29 billion), higher than €1.4 billion for the same period last year. “We grew profitably in the third quarter, continuing to benefit from the high demand in electrification,” chief executive Roland Busch said. “Another growth driver was our particularly strong industrial software business, which won several large license contracts. The industrial automation …

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