India, Nov. 12 -- Shares of Siemens AG were gaining around 3 percent in the German trading after the company reported Thursday higher profit, revenues and orders in its fourth quarter, supported mainly by high demand for electrification, digitalization and Industrial AI, which is expected to drive future growth.
Further, the German conglomerate raised dividend, issued positive outlook for fiscal 2027 and also raised medium- term targets, supported by strong long-term growth trends and the strength of its key markets.
Roland Busch, President and Chief Executive Officer of Siemens, said, "We delivered strong profitable growth in our core markets - driven by innovation, competitiveness and strong execution of our strategy. ... Industrial AI ...