Siemens Sees Brisk Demand Persist Through Cost, Supply

Siemens Sees Brisk Demand Persist Through Cost, Supply

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Business

University

Hard

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The transcript discusses Siemens' strong order book and market performance, particularly in Asia, despite COVID challenges. It addresses supply chain and inflation issues, highlighting pricing strategies and cost savings. The impact of a €2.7 billion impairment charge from Siemens Energy is examined, along with plans to reduce the stake. Siemens' acquisition strategy, focusing on digital services, is outlined, with Brightly as a key example. The company is preparing for potential recessions and managing Russia-related financial impacts.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expected impacts of inflation on Siemens' pricing strategy?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Siemens plan to approach future acquisitions?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What contingency measures is Siemens implementing in anticipation of a potential recession?

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