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Press Release05 February 2020Siemens AGMunich
Earnings Release and Financial Results Q1 FY 2020: Strong demand delivers record high for order backlog – focus on energy businesses
After a powerful finish in fiscal 2019, the first quarter started slowly as expected. The weak performance across our energy businesses reinforces our priorities. We confirm our full-year guidance and will list Siemens Energy on the stock exchange in September as planned. This is a major milestone in positioning Siemens for the future.
Joe Kaeser, President and Chief Executive Officer of Siemens AG
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