Siemens CEO Kaeser on Earnings, Business Overhaul, Trade

The CEO of Siemens discusses the company's recent performance, highlighting a 21% growth in bookings and a slight increase in industrial margins. Despite a 16% slump in the power generation division, the company is focused on restructuring, reducing its divisions from 18 to 3, and pursuing Vision 2020 to enhance profitability and flexibility. The CEO also addresses concerns about trade wars, emphasizing the importance of free trade and market confidence.

What is the vision for the company as stated by the CEO for the future?

How does the CEO view the impact of trade wars on their business?

What does the CEO believe is essential for maintaining customer confidence?