Siemens confirms growth outlook after Q2 figures beat forecasts
ZURICH (Reuters) -Siemens still expects to increase its full-year sales by between 3 and 7% "despite increased uncertainty", the German engineering group said on Thursday, as it reported better-than-expected profit during its second quarter. The company, whose products include factory software, controllers and trains, said its industrial profit rose 29% to 3.24 billion euros ($3.63 billion) in the three months to the end of March. As a result, Siemens confirmed its outlook for its full-year sales to increase by 3-7% despite seeing "increased uncertainty in the economic environment".
Reuters
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1 hour ago
