Sensex 27865.83 519.5 1.9%
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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 Lscher, President & CEO of Siemens AG in English and German as well as new videos of Siemens' various activity sectors.
India Infoline News Service / 08:59, Sep 15, 2014
Many a times parents overlook other goals as they are too busy focusing on just one goal, that is on their child's education. They are too emotionally involved in achieving this particular goal that they forget planning for their retirement and saving for other emergencies.