💨 Abstract
Siemens, a multinational conglomerate, reported Q4 earnings ahead of expectations but flagged increased geopolitical risks, including trade conflicts and weak consumer demand, for the upcoming year. The company aims for comparable sales growth of 3-7% in the next 12 months, down slightly from its previous target. CEO Roland Busch mentioned ongoing geopolitical and macroeconomic uncertainties, citing the U.S.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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