Siemens Energy Reports Higher Q4 Profit and Revenue
Siemens Energy reported a sharp increase in fourth-quarter profit, supported by higher revenue. It also proposed a higher dividend and an expanded share buyback program.
BRUSSELS (dpa-AFX) - Siemens Energy AG (ENR.DE), an energy technology company, on Wednesday reported a sharp increase in fourth-quarter profit, supported by higher revenue, and announced plans to increase shareholder returns through a higher dividend and an expanded share buyback program.Net income…