Siemens says Q4 power station orders may exceed Q3

Newswire

FRANKFURT, July 24 (Reuters) - Germany's Siemens said on Wednesday the order level for power generation turbines in the third quarter did not reflect its expectations going forward and order levels could rise in the fourth quarter. "The order level of the third quarter is not representative of order levels for the subsequent quarters," Chief Financial Officer Heinz-Joachim Neubuerger told a conference call. "We see the fourth-quarter level higher than what we have seen so far," he said, ...

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