Siemens' stock falls as Q3 digital industries orders miss expectations
BUZZ-Siemens' stock falls as Q3 digital industries orders miss expectations ** Siemens' SIEGn.DE stock falls 5.4% after the industrial group reported third quarter results, with lower-than-expected results in the firm's digital industries division
** Siemens' Digital Industries achieved orders of €4.85 billion ($5.60 billion), slightly below the €4.92 billion expected by analysts, according to a company-provided poll
** "Digital Industries Automation Product orders of ~€3.2 bln point to sequential improvement and a book/bill ratio >1, but the pace of growth does not look to have matched that at some of the global automation peers," Citi writes in a note
** Siemens' stock falls to the bottom of Germany's blue chip index .GDAXI and is on track for a worst day since mid-May 2026
($1 = 0.8662 euros)
(Reporting by Tristan Veyet)
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