Siemens2016 financial year a "historic success"

In the 2016 fiscal year, Siemens exceeded its forecast for the year, which had been raised several times, thanks to a strong industrial business. The company also expects a double-digit earnings margin in this area in 2017, despite a difficult environment.

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14_Margins and target ranges of the individual divisions in Siemens fiscal year 2016
© Siemens

... shows that only the Process Industries and Drives division fell short of expectations. A significant share ...

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