By Reuters Staff 2 Min Read ZURICH, May 7 (Reuters) - Siemens increased its full year profit and sales outlook for the second time this year on Friday as the Germany industrial group became the latest company to report a recovery from last year’s pandemic-driven downturn. The Munich company said it was seeing strong momentum in the automotive and machine building sectors and for industrial software, helping it to beat forecasts for revenue, orders, and industrial profit during the three months to the end of March. Like other industrial companies such as Switzerland’s ABB and France’s Schneider Electric Siemens has been seeing increasing orders as customers ramp up their production, and an improvement in China.