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This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Siemens aumenta sus ingresos un 9% en el segundo trimestre

Siemens Increases his income 9% in the second quarter

30/04/2012

30 April 2012

“As it was foreseen, the second quarter has not been easy. Although we have achieved to increase clearly the income, the requests have been inferior to the ones of the previous year when being lower the volume of big requests. In the exercise 2012, want to reach our aim of income and requests. The profits of the quarter have been underneath of our forecasts by the supported loads in the projects of transmission of power in Germany”, has declared the president and CEO of Siemens Peter Löscher.

In the second quarter of the exercise 2012, that finalised on 31 March 2012, the new requests retreated 13% until the 17.900 million euros. The fall was mainly caused by a lower volume of big asked in comparison with the same period of the previous year. The income reached the 19.300 millions with an increase of 9%. The coefficient of asked/turnover of the quarter situated in the 0,93 and the wallet of requests in 100.000 million euros.

The good results continued in the businesses of short cycle of the sector Industry compensated sobradamente, between other things, the high costs of investigation and development. The profits of the sector Industry grew 5% until the 662 million euros.

For the fiscal exercise 2012, Siemens expects to reach an organic moderate growth of the income in comparison with the fiscal exercise 2011, and that the requests go back to surpass to the income giving like result a coefficient of asked/upper turnover to the 1. The company expects to achieve good results in the gains in almost all his businesses, including the industrial of short cycle.

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