Siemens AG : Q2 postview: recovery slow to show through in short-cycle businesses
>Q2 results: good showing by SI did not make up for the poor performance from DI - Siemens underwhelmed the market last week with lower-than-expected Q2 results (see our flash of 16 May). The disappointment was driven mainly by the Digital Industries (DI) division, not at the order level (-12% vs css at -14%) but for the operating margin which came in at 16.5% (vs 17.5%), the group blaming this on an adverse mix within the automation business and underutilisation of p...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.
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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