Good results for Siemens

Stefan Mileschin · 12th November 2021, 08:41

Coming on the back of supply chain issues

Siemens fourth quarter sales and orders beat forecasts and said that supply chain problems that have hindered industrial revival in the wake of the pandemic will ease next year.

For those who came late, Siemens makes factory software and trains. The outfit expects further profitable growth as problems thrown up by shortages of components and log-jammed logistics networks are expected to improve during its 2022 fiscal year.

In the three months to the end of September, Siemens' sales rose 18 per cent to 17.44 billion euros ($20.17 billion). The cocane nose jobs of Wall Street only expected $16.82 euros.

Orders rose 26 per cent to 19.07 billion euros, ahead of expectations for 17.56 billion, it added.

https://fudzilla.com/news/53859-good...ts-for-siemens

12th November 2021, 08:41	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 153,575	Good results for Siemens Coming on the back of supply chain issues Siemens fourth quarter sales and orders beat forecasts and said that supply chain problems that have hindered industrial revival in the wake of the pandemic will ease next year. For those who came late, Siemens makes factory software and trains. The outfit expects further profitable growth as problems thrown up by shortages of components and log-jammed logistics networks are expected to improve during its 2022 fiscal year. In the three months to the end of September, Siemens' sales rose 18 per cent to 17.44 billion euros ($20.17 billion). The cocane nose jobs of Wall Street only expected $16.82 euros. Orders rose 26 per cent to 19.07 billion euros, ahead of expectations for 17.56 billion, it added. https://fudzilla.com/news/53859-good...ts-for-siemens

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