Siemens Healthineers : Weakness in China to spill over into Q4, lower end of guidance expected
>Imaging continues to be impacted by China - Slower underlying dynamics in China have started initially on the back of the anti-corruption initiative, which has limited the access of sales reps to decision makers in hospitals. But the ongoing economic weakness in China has also currently some impact on the Imaging division. While we believe that the underlying demand for imaging equipment will outpace the overall economy, we expect some short-term headwinds coming fro...Siemens Healthineers AG is a Germany-based company that supplies technology to the healthcare industry. The Company offers a wide range of products and services in the fields of diagnostic and therapeutic imaging, laboratory and point of care diagnostics, and molecular medicine. It provides medical technology and software solutions, as well as clinical consulting services. Additionally, the Company is developing its digital health and enterprise services trough expanding precision medicine, transforming care delivery, improving patient experience, and digitalizing healthcare to enable healthcare providers to increase value. Siemens AG is a majority shareholder of the Company. The Company is active worldwide.
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