Siemens 2nd quarter 2020No forecast for 2020
Siemens is suspending its forecast for 2020. The reason is the current situation. Nevertheless, the company "delivered a robust quarter despite complicated environmental conditions".
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At EUR 3.796 billion, Smart Infrastructure's order intake was 2% below the same quarter of the previous year. The coronavirus had a particularly negative impact in Asia and Australia. At EUR 3.517 billion, sales revenue remained at the previous year's level (Q2/2019: EUR 3.507 billion). Declines were also recorded here in Asia and Australia.