Siemens quarterly figures Q1/2021Signs point to growth
Siemens today announced its figures for the first quarter of 2021. The Group management speaks of an excellent start and is significantly raising its forecast for the year.
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Smart Infrastructure was also able to increase its order intake. Incoming orders rose by 7% from EUR 3.756 billion in the same quarter of the previous year to EUR 3.806 billion. Sales declined slightly (Q1/20: EUR 3.529 billion; Q1/21: EUR 3.477 billion) due to strong negative currency translation effects. China is also a growth driver in this segment; Smart Infrastructure also recorded a double-digit percentage increase in China.