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Siemens confirms earnings forecast for 2009/10

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MUNICH / NEW YORK (Dow Jones) – Siemens AG has its Earnings forecast for the 2009/10 financial year ending in September confirmed. As the Munich Group’s DAX index on Monday at a Commerzbank Investor Conference in New York announced, will continue with a operating profit 6 billion to 6.5 billion euro from the core business areas Energy, industrial and medical counted. The organic sales expected compared to last year by a mid single-digit Percentage amount to around EUR 73 billion decline.