Siemens CEO warns 'jury is out' on a vaccine; as the company posts 28% jump in net income

📆 11/12/2020 4:10 AM
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Joe Kaeser, Siemens' CEO, said the uncertainty surrounding the coronavirus pandemic was still significant.

reported a net income of 1.9 billion euros for its fourth quarter, up by 28% from a year ago.

However, Siemens' orders and revenues were "strongly impacted" by negative currency translation effects during the same period.

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