Siemens business figuresJoe Kaeser reports "a brilliant fourth quarter"
Positive results for the fourth quarter and fiscal year 2019 at Siemens: According to Siemens CEO Joe Kaeser, the majority of industrial businesses contributed to growth - despite a decline in demand for factory automation and motion control.
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Siemens Gamesa Renewable Energy' recorded significant order growth compared to the previous year due to higher order intake in all businesses, led by the onshore and service businesses. Geographically, there was growth in Asia, Australia, and especially in India; this was offset by a decline in the Americas region. Sales increased in all businesses, led by significant growth in the onshore business.