Siemens - Q4 and full year 2018Power plant division as a brake pad
Siemens has closed the 2018 financial year: The company was able to increase its order intake and sales, but profits in the Industrial Business declined. This is attributable to the sluggish business in the Power and Gas Division.
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<p>Joe Kaeser is positive about the future: "In the 2019 financial year, we will give our businesses even more entrepreneurial freedom and create the conditions for implementing our Vision 2020+."</p> © Siemens