Bloomberg News

Siemens Predicts Renewables Unit to Post Profit, WiWo Says

March 24, 2012

Siemens AG (SIE) predicts its renewable energy unit to return to a profit in the current quarter, WirtschaftsWoche reported, citing Michael Suess, the executive running the energy division.

The unit’s results will also be “significantly positive” in the full year, the magazine cited Suess as saying.

To contact the reporter on this story: Naomi Kresge in Berlin at nkresge@bloomberg.net

To contact the editor responsible for this story: Phil Serafino at pserafino@bloomberg.net


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