Siemens - the 3rd quarter of 2019'Digital Industries' and 'Gas and Power' cause concern
Despite considerable headwinds in key markets, Siemens grew its order intake and revenue in the third quarter of 2019. EBITA and profit, on the other hand, fell, mainly due to declines in 'Digital Industries' and 'Gas and Power'. The figures in detail.
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<p>Siemens CFO Ralf P. Thomas: "At Digital Industries, we expect business to continue to weaken over the next three to four quarters - particularly in the mechanical engineering and automotive industries."</p> © Siemens