Siemens reports EUR 107 mln loss due to NSN share

Wednesday 4 May 2011 | 09:57 CET | News
Siemens saw its revenues grow 7 percent year-on-year to EUR 17.71 billion for the second quarter of the fiscal year 2011 excluding its lighting division Osram and Siemens IT Solutions and Services, which were classified as discontinued operations during the quarter. At the same time, the orders increased by 28 percent to EUR 20.65 billion. The profit from continuing operations grew to EUR 3.174 billion and the net profit grew to EUR 2.836 billion. Siemens' discontinued operations posted a loss of EUR 338 million compared to a profit of EUR 71 million in the second quarter a year earlier. The

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Categories: General
Companies: Nokia Siemens Networks / Siemens / Siemens IT Solutions and Services
Countries: Germany / World
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