Siemens CEO Sees Political Upheaval Threatening Future Orders

  • CEO warns Brexit, Turkish crackdown, terrorism can hurt demand
  • No longer possible to assess Turkey’s development, CEO says

Siemens CEO Says Company is 'Back on the Growth Path'

Fresh from raising the earnings outlook for a second time this year, Siemens AG Chief Executive Officer Joe Kaeser struck a more cautionary tone for the German engineering company, saying rising political uncertainty in countries like the U.K. and Turkey is clouding prospects for keeping the order books full.

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