Siemens says on track for '03 goals after weaker Q2

Newswire

BOURNEMOUTH, England, April 24 (Reuters) - German industrial giant Siemens AG said on Thursday many of its businesses were on track for 2003 earnings targets after posting a drop in second quarter profits and sales. The group posted a second quarter net profit of 568 million euros ($622.1 million), down from 1.28 billion a year earlier when the group booked a gain of 604 million euros from selling shares in Infineon Technologies AG . A Reuters poll of 23 analysts forecast average second ...

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