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Technology / AI and automation

SIEMENS UNABLE TO OFFER SHAREHOLDERS LITTLE CHEER

Overall, Siemens AG was able to give little cheer to shareholders, and the shares were off 2.30 marks at 663.10 early yesterday after the company warned that it would be counted a success if 1992-93 profits were stable with last year – incoming orders in the first five months of this fiscal fell 2%, although it looks for a 4.7% rise for the full year; group sales in the first five months rose 3% to the equivalent of about $18,500m.

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CBR Staff Writer

CBR Online legacy content.