Siemens sees Q4 results lower than third quarter

Newswire

FRANKFURT, July 24 (Reuters) - German electronic and engineering giant Siemens AG said on Wednesday it expects fourth-quarter results to come in below third-quarter levels, citing difficult market conditions. The company also said in a statement it had made a third-quarter loss at its mobile telecom unit (ICM) of nine million euros ($8.91 million), while its fixed-line telecom network (ICN) unit posted a loss of 84 million euros. Its power generation unit posted a profit of 476 million ...

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