Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Siemens Reports Q2 Results
Apr 27, 2005
 Printable format
 Email this Article
 Search

For the second quarter ended March 31, 2005, Siemens, a German electronics maker, reported net income of 781 million euros (approx. U.S. $1 billion) and basic and diluted earnings per share of 0.88 euros (approx. $1.14) and 0.84 euros (approx. $1.09), respectively.

In the second quarter of 2004, net income was 1.2 billion euros (approx. $1.6 billion) and basic and diluted earnings per share were 1.36 euros (approx. $1.76) and 1.30 euros (approx. $1.69), respectively. Prior-year results included a 590 million euros (approx. $765 million) pretax gain on the sale of shares in Infineon plus a related 246 million euros (approx. $319.1 million) reversal of deferred tax liability, partly offset by a 433 million euros (approx. $561.7 million) goodwill impairment. Excluding the net result of these effects, 403 million euros (approx. $522.8 million), net income in the prior-year period was close to the level in the current period, the company said.

Second-quarter 2005 sales were up 4 percent from 2004, to 18.6 billion euros (approx. $24.1 billion), and orders increased 5 percent, to 20.7 billion euros (approx. $26.9 billion). Excluding currency translation effects and the net effect of acquisitions and dispositions, sales and orders increased 1 percent compared to the second quarter a year earlier.

International sales rose 8 percent, compared to a 7-percent decline in Germany. Within international sales, growth in the Americas and Asia-Pacific regions outpaced growth in Europe. International orders were up 5 percent year-over-year, compared to 3 percent growth in Germany. Within international orders, the primary growth driver was Asia-Pacific with a 16- percent rise.

Back to Daily News

 

Daily News

...........................................................

Oct 23, 2014: Whirlpool Corporation to Showcase Resource-Efficient Technologies at Greenbuild

Oct 23, 2014: CWIEME Chicago exhibition had record attendees

Oct 22, 2014: Middleby to add U-Line to residential appliance business

Oct 22, 2014: iRobot's 3Q exceeds expectations, driven by Home Robots growth

Oct 22, 2014: Whirlpool Canada named 2014 Energy Star Manufacturer of the Year

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows