Siemens / 2nd quarter 2017New record for orders on hand

Siemens has announced its figures for the second quarter of 2017: the company has grown in terms of both sales and order intake. The order backlog has reached a new high.

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Business figures for the Siemens Mobility Group in the second quarter of 2017
© Siemens

... The Mobility business division recorded broad-based growth in order intake, with the strongest contributions to growth coming from the train and rail infrastructure business. In geographical terms, the USA stands out - order intake almost doubled here. The increase in earnings was due to higher sales revenue and a more favorable composition of sales revenue - partly due to a larger share of the high-margin rail infrastructure business. The ...

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