FRANKFURT - German industrial giant Siemens on Thursday said large orders for trains boosted earnings in the third quarter, helping to offset problems in its troubled wind energy business.
Between April and June, the group said it booked a net profit of 1.4 billion euros , compared with a 1.5-billion-euro loss over the same period a year earlier.The same subsidiary reported a record loss on Monday as it counts the costs of fixing technical issues affecting its onshore wind turbines.
The conglomerate's smart infrastructure and digital industries units also performed well, lifting Siemens' overall revenues by 10 percent year-on-year to 18.9 billion euros. The group confirmed its full-year target of achieving comparable revenue growth in the range of 9-11 percent.
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