Thursday, 29 July 2010
BERLIN - A strong increase in orders in a recovering economy helped push earnings at Siemens AG 9 percent higher in the most recent quarter, the industrial conglomerate said Thursday. Siemens, based in Munich, reported net profit of nearly euro1.44 billion ($1.9 billion) for the April-June period, the company's fiscal third quarter, up from euro1.32 billion a year earlier. Siemens makes everything from light bulbs to trams and turbines for power stations. Orders were up 22 percent at euro20.87...
Full Story: Herald Tribune
 


RSS