Germany's Siemens AG has reported first quarter profit in line with estimates but, by sticking to earlier full-year forecasts, killed any boost a sharp sales rise might have offered its share price. In the wake of results released a week earlier than expected, Siemens shares fell almost 6 per cent at one stage, weighing on the overall Xetra DAX index in Frankfurt.
Siemens shares fall
Germany's Siemens AG has reported first quarter profit in line with estimates but, by sticking to earlier full-year forecasts…
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