
FILE PHOTO: Chief Executive Officer (CEO) of German industrial conglomerate Siemens, Roland Busch attends the virtual annual shareholder meeting in Munich, Germany, February 10, 2022. Sven Hoppe/Pool via REUTERS/File Photo
ZURICH (Reuters) - Siemens shares surged on Thursday after the engineering company upped its full year sales and profit guidance and said it had made a "flying start" to its new business year.
The trains-to-industrial-software group's stock was 7.1% higher in early trading, hitting its highest level since January 2022 and making it the second biggest gainer in the Stoxx Europe 600 Industrial Goods & Services Index.
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