Report
Delphine Brault

Siemens : Q3 just in line, too few figures in the Vision 2020+ plan. Neutral confirmed

>A publication structured by new strategic objectives - With a Q3 publication that was just in line with forecasts, attention during the presentations was focused on the Vision 2020+ plan. Many questions were raised on the lack of detailed figures, the cost-cutting envisaged and the practical viability of the organisational changes. All told, we understand that the figures are to be fine-tuned with the creation of the new operational entities (replacing the division...
Underlying
Siemens AG

Siemens is a technology company. Co.'s Energy sector provides a range of products, solutions and services for generating and transmitting power. The Healthcare sector provides customers a range of medical solutions across the treatment chain. The Industry sector supplies products and solutions for industrial companies, primarily in the process and manufacturing industries. The Infrastructure & Cities sector provides a range of technologies that accelerates the capabilities of metropolitan centers and urban infrastructures. The Investments segment is comprised of Co.'s equity stakes in other companies. The Financial Services segment provides business-to-business financial solutions.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Delphine Brault

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