💨 Abstract

Siemens CFO Ralf Thomas reported some hesitancy among U.S. customers due to political uncertainties, causing a delay in decision-making processes. However, Thomas expects this to be temporary and mentioned similar trends in other geographies. Despite this, the company's long-term demand for products appears stable, and they have a large order backlog of €118 billion to manage.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖