Sensex 29459.14 97.64 0.33%
Nifty 8956.75 54.9 0.62%
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 News Service / 08:51, Feb 27, 2015
The outlook is a positive start .The unwinding of positions and rollover in the F&O expiry brought in the usual volatility on Thursday.