Updated from 2:09 a.m. EDT

Siemens ( SI) reported second-quarter net income of 1.01 billion euros ($1.33 billion), up from 412 million euros a year earlier, as revenue rose 5% on strong results from the company's energy and health care divisions.

While the "current macroeconomic and financing environment shows no evidence of near-term improvement," Siemens said total sectors profit for fiscal 2009 is expected to exceed the prior year's 6.6 billion euros. That outlook, however, is down from a prior forecast of 8 billion to 8.5 billion euros.

In a press release Wednesday, the German industrial conglomerate said total sectors profit in the second quarter rose 43% from a year earlier to 1.84 billion euros, led by strength in energy. Total sectors profit a year earlier include a number of charges.

Revenue rose 5% to 18.96 billion euros.

Siemens said orders in the quarter fell 11% to 20.86 billion euros, but its book-to-bill ratio remained above 1. The company bases its outlooks on order intakes because orders for the large products Siemens makes, like turbines and trains, are often placed years in advance.
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