💨 Abstract

Siemens, a leading engineering company, reported better-than-expected Q1 profits, overcoming struggles in its factory automation business. The company sees signs of recovery in sectors like electronics and semi conductors. CEO Roland Busch believes Siemens can handle potential tariffs due to local production facilities and counter effects. The results are seen as a proxy for the broader industrial economy, with revenue up 3% and orders ahead of forecasts. Shares indicated 2.9

Courtesy: theprint.in

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