While he listed numerous market concerns such as the rise of populism, migration, climate change and the impact of the ‘Internet of Things‘, his biggest concern was the “geopolitical environment, which gives a lot of uncertainty to our customers about investing into the future,” Mr. Kaeser said in a Bloomberg TV interview on Saturday. “If people don’t invest into new manufacturing, renewable energy, new healthcare technology — these are our revenues and our bookings.”
Although Mr. Kaeser raised Siemens’ earnings forecast twice this year, he takes on a more cautious tone for the next fiscal year starting Oct. 1, expecting earnings of $7.26 to $7.48 a share.
More articles on supply chain:
Jimmy Kimmel’s EpiPen joke calls out high drug prices at Emmys
Mass. hospitals contribute to $3.5M equity funding round for healthcare startup
6 latest FDA approvals
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
