Nov 08, 2007
In the fourth quarter of fiscal 2007, Siemens achieved one of the biggest operating profits in the company’s history. Group profit from Operations climbed 166%, year-over-year, to €1.990 billion. All nine Groups within Operations posted significantly higher profit and profit margins, and reached their new Fit for 2010 target margin ranges.
This photo shows from left to right Joe Kaeser, Member of the Corporate Executive Committee and Chief Financial Officer, Peter Löscher, President and Chief Executive Officer, and Stephan Heimbach, Head of Corporate Communications at the Annual Press Conference sowie Peter Y. Solmssen, General Counsel and Member of the Management Board, Siemens AG.
Reference Number: axx20071111-06