Figures for the first quarter of 2019Strong order intake, falling profit at Siemens
Siemens has announced its figures for the first quarter of 2019. While incoming orders set a new record, profits halved. The 'Digital Factory' and 'Process Industries and Drives' divisions recorded some of the strongest sales growth.
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At Siemens Gamesa Renewable Energy, the lower volume of major orders in the service and offshore business was partially offset by growth in the onshore business; regionally, declines in Europe/GANO and Asia/Australia were partially offset by an increase in the Americas.
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