In the last quarter, Siemens sales rose by 10% and orders by 15%, but profits fell short of analysts' estimates as the company saw demand for its Digital Industries unit plummet in China. CEO Roland Busch reiterates that the Group is maintaining its growth forecasts for the year, except for its Digital Industries division due to the weakness of the Chinese market. Finally, he discusses the situation of its subsidiary Siemens Energy: the Group retains a 25% stake but is considering diluting its holding.
 
(MT Newswires)

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