Siemens' new CEO Joe Kaeser held his first full year results press conference Thursday.The company expects 2014 to be as successful as this year. A year in which sales topped €76bn with over €4bn profit.
The German industrial conglomerate has reported a 25-percent rise in quarterly net profit, boosting full-year earnings and improving the outlook for 2017. But the firm fears for its US business because of Donald Trump.
German engineering giant Siemens has reported an increase in bottom-line earnings for its second fiscal quarter. The company keeps eying a merger of its rail business with that of Canada's Bombardier.
A visionary inventor and ambitious entrepreneur, Werner von Siemens was born exactly 200 years ago. Today Siemens is a German company known for both its groundbreaking innovations and its global scope.
The German engineering giant will be engaging in funding and building infrastructure projects worth billions of euros, saying the new government of Mauricio Macri is serious about reforming Argentina's economy.
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