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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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