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 in the process automation business was offset by declines in other businesses in the Process Industries and Drives division, particularly those serving markets close to raw materials. The increase in sales revenue was primarily in the higher-margin process automation business, which led to an increase in earnings and profitability for the division as a whole. In the ...