Digital Industries and Smart Infrastructure delivered sharply higher earnings compared to prior-year quarter
Significant growth in China
Detailed business figures for first quarter of fiscal 2021 to follow on February 3, 2021
Following a significantly better-than-expected business performance, the preliminary operating results for Siemens’ businesses for the first quarter of fiscal 2021 have exceeded market expectations. Driven by a strong improvement in the automation business and software business of Digital Industries and higher-than-expected growth in China, the operating results were substantially higher year-over-year (yoy). Siemens will review its outlook for fiscal 2021 and publish its full earnings release for the first
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