Siemens Sticks to Full-Year Profit Forecast

German industrial group Siemens (SIEMENS.NS) will confirm its full-year forecasts when it reports quarterly results in May, a senior company source said on Tuesday.

"Business is running exceptionally stably, according to plan," the source said.

The person added that Siemens saw no prospect of having to write down U.S. oilfield equipment maker Dresser-Rand, which it has agreed to buy for $7.6 billion, despite the steep fall in the oil price since the deal was struck last year.

Reporting by Jens Hack