Siemens AG : Q2 set to remain challenging for the digital industries division
>The CFO indicates that the digital industries division is set to see a marked decline in Q2 (sales and EBIT) - At a conference call organised by BofA (and accessible to all) yesterday, Siemens’ CFO indicated that the digital industries (DI) division would fail to achieve the targets set by the group for Q2. Order intake is still hit by destocking in China (which could last until the end of September), low demand in China (25% of DI sales) and also a marked decline in...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.