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Siemens order intake and sales in the Industrial Sector in the first quarter of 2014
© Siemens
Sales revenue in the Industry sector fell by 2% year-on-year in the first quarter, including unfavorable currency translation effects. Order growth of 8% was based on a strong year-on-year increase in the volume of major orders in the sector's long-cycle businesses. On a comparable basis, sales in the first quarter remained stable compared to the previous year, while incoming orders increased by 10%.
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