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Siemens Austria: Dividends Reach € 750m

Published: December 18, 2012; 22:03 · (Vindobona)

This year, the Austrian subsidiary of the German technology group recorded a moderate profit decrease.

Siemens Austria: Dividends Reach € 750m / Picture: © Siemens AG Österreich / Rita Newman

This year, Siemens Austria recorded a substantial increase in sales. In total, sales rose by 16% to € 2.87bn. However, the order intake declined by 13%. Next year, the order intake is expected to remain stable. Siemens Austria´s operating income was down from € 879.2m to € 717.8m. Nevertheless, dividend payments to the Munich-based headquarters remained at € 750m.

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