Siemens Financial Services (www.computer-automation.de)
Why Retrofit Makes Sense for Industrial Companies
Many industrial machines are technologically outdated, even though mechanically they are still in good condition. Retrofitting enables cost-effective modernization of existing equipment—conserving resources, improving energy efficiency, and enabling companies to keep pace with digital advancements.
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Strong finish to the 2023 financial year
According to Siemens, revenue and order intake increased by 10% and 6% respectively on a comparable basis in the fourth quarter of 2023. In the Industrial Business, Siemens recorded its highest earnings and profitability figures ever.
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