Siemens' Smart Infrastructure (SI)
$SIE (-0.29%) is the Group's most profitable division and has grown in the last 16 quarters continuously increased the margin.

Managing Board member Matthias Rebellius announced that the sales growth target will be raised to 6-9 % and to increase the operating margin to 16-20 % whereas the previous target was 11-16 % was.

This should make the division more competitive, as competitors such as Schneider Electric and Honeywell sometimes have margins of over 20 % achieve.

Rebellius' contract was extended until 2026 as he is valued for his leadership and expertise within the Group. -Handelsblatt