Siemens 1st quarter 2020Cautious start to the new financial year
Siemens' first quarter of 2020 was characterized by a record order backlog and a simultaneous decline in sales and incoming orders - according to statements made at the company's Annual General Meeting on February 5. The figures in detail.
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Siemens Helthineers recorded an increase in volume across the businesses in the first quarter, led by the Imaging business. The increases came from all three reporting regions, with double-digit percentage growth in China, partly boosted by positive currency translation effects.
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