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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... Digital Factory performed well, with increases in order intake and sales revenue in all businesses, particularly in the short-cycle businesses due to strong demand from the automotive and mechanical engineering industries. Earnings in the product lifecycle management software business were held back by expenses for the further development of Siemens' Mindsphere platform and transaction costs in connection with the acquisition of Mentor Graphics, which was completed at the end of the quarter. A double-digit percentage ...