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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... order growth was recorded by the Energy Management division, mainly due to a high volume of major orders, including a major order in the solutions business in the Middle East and a major order for high-voltage direct current transmission worth EUR 0.4 billion in India. In addition, there were improvements in profitability across the board, led by the high-voltage products business. In the ...