Thursday, July 30, 2015

Siemens surprises – Swedish Dagbladet

Net sales totaled € 18.8 billion. Expected, net sales of EUR 18.7 billion.

For the Industrial Division reported a net profit of 1.8 billion euros, slightly above expected 1.7 billion. Operating margin amounted here to 9.5 percent, down from 10.1 percent in the corresponding period last year

Siemens reiterates its full-year forecast that organic revenue will remain unchanged compared with 2014 and that earnings per share should grow at least 15 percent.

The forecast for the industrial division to the organic revenue to grow by 10-11 per cent also repeated it.

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