Siemens / 3rd quarter 2016New record level of incoming orders
Siemens has announced its figures for the third quarter of 2016. On the positive side, earnings in the industrial business increased by 20% compared to the same quarter of the previous year. The negative: Things are anything but going well in the Process Industries & Drives business unit.
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<p>Siemens CEO Joe Kaeser: "We are making good progress with the implementation of our Vision 2020 and were also convincing in the third quarter, especially compared to the market."</p> © Siemens