Siemens : Forecasts revised downwards post-Q3 release
>Q3 just about in line, a more challenging outlook for PG - As we pointed out when the group released its quarterlies on 2 August, the figures were in line with forecasts but they benefited from a number of non-recurring positive items, which limits the underlying performance: most notably restructuring charges were relatively low and there was an exceptional gain of € 80m at the PG (Power & gas) division. Management reiterated its 2018 guidance. In the meantime, the ...Siemens Gamesa Renewable Energy is a holding company. Through its subsidiaries, Co. is engaged in the business of renewable energy sources, primarily wind power but also including solar energy where its acts as a supplier and manufacturer of technological products, installations and services. Co. is organized along the lines of: promotion, construction and sale of wind farms, engineering, design, manufacture and sale of wind turbines, manufacture of thermic and photovoltaic solar components, promotion and sale of photovoltaic solar farms. Co. also participates in both Spanish and European working groups aimed at establishing priorities for its sector's research & development work.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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