SOURCE: Industrial Info Resources

Industrial Info Resources

November 13, 2015 07:30 ET

Siemens Benefits From Weak Euro in Fiscal 2015, as Orders See 15% Jump in Fourth Quarter, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Nov 13, 2015) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Industrial equipment-manufacturing juggernaut Siemens AG (Munich, Germany) incurred a heavy impairment charge in fourth-quarter 2015, which took a chunk out of profits and obscured a success story: the company saw a solid 15% jump in orders, as customers took advantage of a weak euro. Industrial Info is tracking $147.69 billion in active projects involving Siemens.

Within this article: Details on Siemens' quarter and projects, including three major offshore windfarms in the U.K.

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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