Siemens Posts 4Q Total Sectors Profit of EU2.2B

The transcript covers the fourth quarter profit report, highlighting a profit of €2.195 billion, slightly below the estimate of €2.25 billion. It also discusses the sale of the hearing aids unit to EQT for €2.15 billion, a story initially reported by Bloomberg. The 2015 financial forecast predicts an EPS increase of over 15% but also anticipates €223 million in project charges from the wind power business. Lastly, the geopolitical outlook for 2015 is described as complex due to ongoing tensions.

Who is agreeing to sell the hearing aids unit and for how much?

What project charges are expected from the wind power business?