Siemens"Fully on track" in the third quarter
The third quarter was "solid", announces Joe Kaeser, CEO of Siemens. In concrete terms, this means sales growth, an increase in profit - but also a decline in order intake.
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While order intake fell by 6%, the order backlog for Industrial Business remains at EUR 117 billion. A very sharp decline in the volume of major orders from Power and Gas and Siemens Gamesa Renewable Energy was the main reason for the fall in order intake. In terms of turnover....
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