Germany’s largest engineering group, Siemens, already said on Thursday that 2014 is another year of flat sales for the company and that it is not seeing growth for the incoming year but just consolidation.

This is reported by the company after it recorded that one-off charges hit profits one more time for the last quarter of the year and it is for wind turbines this time around.

Siemens said that it initially intended to make improvements on its operating margin for its major industrial businesses in order to bridge the gap with competitors before it puts its attention again on profit growth.

Chief Executive Joe Kaeser of Siemens said that 2015 will be more about operational consolidation for the company that will have a number of challenges to triumph over to translate its orders to profits. He also said that while Siemens have a lot on its plate, it knows exactly where it is going.

The company has lately reported that it was able to raise its operating profit for the fourth-quarter by 28%. The orders for this current quarter went up by 2% which is equivalent to 20.7 billion euros that went over estimates. As for the Siemens sales, it stayed at 20.3 billion euros.

Aside from resigning itself to another flat sales year for the company on Thursday, Siemens announced too that it has decided to have its hearing-aid unit Siemens Audiology Solutions sold to private firm EQT.