As the world increasingly focuses attention
on climate change, Roland Busch, the CEO of
Siemens AG, says his company is well-positioned
to help manage the challenges.
Munich-based Siemens specializes in making
buildings, factories and railroads more efficient
through digitalization and automation. And its
medical unit includes technology that could
lead to faster treatments for stroke patients.
Siemens has predicted 5% to 7% annual
revenue growth for the next three to five years,
based largely on its expectation that demand
for its products involved in energy efficiency
will steadily increase. Siemens’ stock is up
roughly 14% this year. And 13 of 21 industry
analysts who follow it give the company a buy
rating, according to FactSet.
Busch, who became CEO in February, has been
with Siemens for more than a quarter-century.
The Associated Press spoke recently with him
about energy savings, manufacturing efficiencies,
AS FEARS
ABOUT CLIMATE
GROW, SIEMENS
CEO SEES
OPPORTUNITIES
Image: Enno Kapitza
