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Siemens AG Wittelsbacherplatz 2 80333 München, Germany http://www.siemens.com
Contact Siemens AG +49 89 63636366
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Siemens AG

Siemens increases profits in all Sectors in third quarter

Major orders fuel fast growth – Outlook for fiscal 2008 confirmed

(PresseBox) (München, )
Siemens substantially improved operations in the third quarter of fiscal 2008. Siemens'three Sectors delivered €2.084 billion in Total Sectors profit, up 33% from €1.571 billion in the third quarter a year earlier. Furthermore, Siemens achieved robust growth as orders rose 21%, from €19.494 billion to €23.677 billion, and revenue increased 10%, from €17.517 billion to €19.182 billion. On an organic basis, excluding the net effect of portfolio transactions and currency translation, orders climbed 26% year-over-year, and revenue rose 13%. Siemens has confirmed its outlook for fiscal 2008 and gave an outlook for fiscal 2009.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.