
First half-year lays foundation for strong financial year
Siemens has announced its figures for the second quarter of 2019 and recorded increases in order intake and sales as well as a record order backlog.
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Siemens has announced its figures for the second quarter of 2019 and recorded increases in order intake and sales as well as a record order backlog.

Bosch Rexroth achieved sales of around 6.2 billion euros in 2018. The drive and control technology provider thus increased by 12.4% compared to the previous year. Adjusted for exchange rate effects, growth amounted to 13%. Incoming orders were also up on the previous year.
ABB announced today that CEO Ulrich Spiesshofer (55) is stepping down from the position he has held since 2013. The Chairman of the Board of Directors, Peter Voser (61), will also assume the position of interim CEO with immediate effect.

After around two years of construction, the Japanese technology group Yaskawa officially opened its new robot production facility and a new European robotics development center at its site in Kočevje, Slovenia, on 8 April in front of around 300 invited guests.
Hannover Messe is restructuring: From 2020, seven exhibition areas will bring together the previous trade fairs - with a change in site layout. Also new from fall 2020 is the 5G trade fair '5G CMM Expo'.

Despite all the trade disputes and political squabbles, new machines and systems were also in demand worldwide last year: according to VDMA estimates, sales of machines rose by 4% to 2.6 trillion euros in 2018.

The 'SPS - Industrial Automation Fair Guangzhou' (SIAF) took place for the 10th time at the beginning of March and attracted a record number of visitors. Together with Asiamold, which was held at the same time, the three-day trade fair attracted almost 99,000 visitors, an increase of 37%.

The Kempten-based Codesys Group (3S-Smart Software Solutions) achieved significant double-digit growth in the past financial year and sold more than one million licenses.

Production in mechanical engineering
According to preliminary calculations by the Federal Statistical Office, production in the mechanical engineering sector in Germany rose by 2% in 2018. This fell well short of the VDMA's forecast of 5% growth.

Figures for the first quarter of 2019
Siemens has announced its figures for the first quarter of 2019. While incoming orders set a new record, profits halved. The 'Digital Factory' and 'Process Industries and Drives' divisions recorded some of the strongest sales growth.