sales rose slightly by one per cent to 20.3 billion euros, the net profit was just under 1.1 billion euros, which was slightly above the previous year’s level.

the car manufacturers and machine builders are an important customer for Siemens , the group has experienced lower demand from these areas. In addition, the losses of the wind turbine manufacturer, Siemens, Gamesa, the Munich-based group is involved in and the wrote due to delays in several projects in the first quarter in the red loaded.

cvh