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Siemens / 1st quarter 2016Strong start to the new financial year

Siemens has announced its figures for the first quarter of the new fiscal year: Order intake rose to €22.8 billion - an increase of 22% when adjusted for currency translation effects. The order backlog thus reached a new record level.

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Order intake and sales in the Siemens Energy Management Group in the first quarter of 2016
© Siemens
Driven by orders in Africa, the Energy Management division improved its order intake. According to Siemens, high-voltage products and power transmission solutions are making a strong contribution to earnings.
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