Siemens / 2nd quarter 2016Strong result in industrial business
In the second quarter of fiscal year 2016, order intake at Siemens rose by 7% to €22.3 billion - an increase of 10% after adjusting for currency translation effects. The Group significantly improved its earnings in the Industrial Sector.
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In the Building Technologies division, growth in incoming orders in Germany was offset by weaker demand from China. Earnings rose considerably due to a higher proportion of high-margin product and service business.