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The Independent UK
The Independent UK
National
Via AP news wire

Germany's Siemens sees profit up 20%, raises dividend

(c) dpa/POOL

Germany Siemens AG, global maker of big-ticket machines and industrial equipment and software, saw net profit rise 20% to 1.8 billion euros in the last three months of 2021 as the rebounding global economy increased orders for its goods, including a 1-billion euro order for high speed trains in Germany.

The company on Thursday confirmed its outlook for increased earnings going forward and proposed an increased dividend of 4 euros per share for its last fiscal year, up from 3.50 euros in fiscal 2020.

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