On Thursday the German electronics and engineering group, Siemens reported a big leap in its orders and raised its dividend to its shareholders. This is a classic example of the world economic recovery feeding into sales of the corporate sector.

Siemens, based in Munich reported further that it had incurred losses in the recent quarter as it devaluated one unit that manufactures medical equipment.

Siemens further stated that its new orders got increased by twenty five percent to amount twenty three decimal five billion euros equivalent to thirty two decimal four billion dollars. It happened in the quarter that ended in September due to the revival of growth, particularly in the emerging markets. That was the last quarter of the current fiscal of the company.

The company saw a rise in its sales which went up to twenty one decimal two billion euros.

The firm however incurred a loss of three hundred and ninety six million euros after it had been forced by an internal audit to accept that it had paid more in the acquisition of a diagnostic laboratory. It had lead to a payment of one decimal two billion euros.

The charge was marginally less that the company's forecast made in the month of September.

Siemens further stated that it would pay a dividend of two decimal seven zero euros which is more than one decimal six zero euros of the previous year and the amount is more than it was expected. It stated that the move is a part of its new corporate policy of giving back more to its shareholders. In the current financial year Siemens made a profit of four decimal one billion euros which is a hike of sixty three percent from the year of 2009.

Peter Loscher the CEO of Siemens made a statement saying that they are coming out of the economic recession with full velocity.