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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... order growth in the Americas reporting region was reported by the Mobility sector, mainly due to a 400 million euro light rail order in the USA. In addition, the division's new series of high-speed trains, the ICE 4, received its operating license and approval in Germany. Looking at 2016 as a whole, ...