Siemens sales growth likely to be below guidance, CFO tells paper

Siemens will post weaker-than-expected full year sales growth, Chief Financial Office Ralf Thomas said in an interview published on Friday, although profits will not be harmed and the dividend could rise. "In terms of sales growth, the trend is not towards 4%, but towards 3%," Thomas told German newspaper Boersen-Zeitung. In its last results on Aug. 8, the German industrial group said it expected full-year comparable revenue growth of 4% to 8%, although it was likely to be at the lower end of the scale.