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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Order intake in the Process Industries and Drives division increased primarily due to major orders in the solutions business. In geographical terms, order growth came primarily from Asia, Australia and China in particular. The slight increase in sales revenue in the process automation business was outweighed by declines in other businesses.