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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... Energy Management sector, incoming orders increased mainly due to growth in business with high-voltage products and digital grids. The company attributes the higher sales revenue primarily to growth in the solutions and transformer business. Also in the ...