Siemens AG Q4 revenue up 7%
On a comparable basis, excluding currency translation and portfolio effects, revenue was up 1% and orders declined 4%.
Siemens AG reported that revenue for the fourth quarter rose 7% year-over-year, to €21.703 bn, and orders rose 2% to €21.495 bn.
On a comparable basis, excluding currency translation and portfolio effects, revenue was up 1% and orders declined 4%. Total Sectors profit was €2.119 bn, held back by substantial profit impacts in the Energy Sector.
For fiscal 2012, revenue rose 7% year-over-year, to €78.296 billion, while orders came in 10% lower, at €76.913 billion, due to a significantly lower volume from large orders compared to the prior year. Total Sectors Profit was €7.543 billion and income from continuing operations was €5.184 billion. Siemens proposes a dividend of €3.00 per share, unchanged from fiscal 2011.
Available material includes soundbites from Peter Löscher, President & CEO of Siemens AG in English and German as well as new videos of Siemens' various activity sectors.
India Infoline Research Team / 08:44, Jun 26, 2015
IIFL is hosting 10 companies at a Management Roadshow in Mumbai today. The opening is a subdued start. US market saw minor losses with Dow, S&P 500 and Nasdaq closing marginally lower.