Siemens Industry Reports Fiscal First Quarter 2014 Results
Wednesday, January 29, 2014
Siemens Industry delivered first-quarter profit of €482 million, down from €506 million in the prior-year period. The decrease includes burdens on profit from currency effects, which are expected to continue based on the strength of the euro compared to fiscal 2013. First-quarter revenue came in 2% below the prior-year level, including unfavorable currency translation effects. More...
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