Siemens CEO on Earnings, Recession, Industrials, China

The transcript discusses Siemens' strong start to the fiscal year with a record order book and revenue growth. It covers pricing strategies, market conditions, and potential recession risks. Siemens' global market strategy includes diversification and strengthening positions in key regions like China, India, and the US. The company is also focused on portfolio management and leveraging its technology base to drive growth.

What was the record order book value for Siemens at the start of the fiscal year?

• €75 billion

• €150 billion

• €100 billion

• €50 billion

How did Siemens plan to handle price increases in the fiscal year?

• By significantly raising prices across all products

• By keeping prices constant regardless of input costs

• By maintaining a balance to ensure a positive economic equation

• By reducing prices to increase market share

What was the reported margin for Siemens' industrial business in Q1?

• 18.2%

• 15.6%

• 12.3%

• 10.5%

What is Siemens' strategy regarding its market presence in China?

• Focusing solely on digital industries in China

• Exiting the Chinese market completely

• Doubling down on strengths and capturing more market share

• Reducing investments and moving production out of China

Which regions are part of Siemens' diversification efforts?

• Australia, Japan, and South Korea

• Brazil, Russia, and South Africa

• Canada, Mexico, and Argentina

• India, Egypt, and the United States

What is Siemens' approach to its energy and healthcare businesses?

• Immediate exit from both sectors

• Maintaining current stakes without changes

• Gradual exit with focus on timing and synergies

• Expanding investments in both sectors

What technological areas does Siemens leverage for growth?

• 5G, cloud computing, and big data

• Blockchain, quantum computing, and AI

• Digital twins, cybersecurity, and power electronics

• Virtual reality, augmented reality, and IoT