© Siemens
The Process Industries and Drives division suffered a 4% decline in sales. Here, the increase in sales in process automation was offset by declines in other businesses. Nevertheless, incoming orders were up 1% on the previous year. The growth rates for incoming orders and sales are adjusted for currency and portfolio effects (1). In 'Result & margin', the margin in the gray field (in the 2015 financial year) is adjusted for personnel restructuring. The division...
