SIEMENS Q2 Profit Rises - Quick Facts

(RTTNews) - SIEMENS (SI) reported that its second-quarter income from continuing operations before income taxes increased to 1.61 billion euros from 1.33 billion euros, previous year. Income per share from continuing operations was 1.33 euros, compared to 1.13 euros.

Net income to shareholders of Siemens AG increased to 1.12 billion euros, from 1.01 billion euros, a year ago. Total earnings per share was 1.32 euros, compared to 1.18 euros.

Revenue decreased to 17.45 billion euros, from 17.78 billion euros, prior year. The company's second-quarter revenue was 2 percent lower year-over-year. On an organic basis, excluding currency translation and portfolio effects, revenue rose 1 percent. Orders declined 13 percent compared to the prior year period.