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Siemens Q1 profit falls on power and gas decline

Wednesday, January 31, 2018 - 01:55

German engineering group Siemens posted a 14 percent decline in quarterly industrial profit, dragged down by continued weak demand from the power and gas sector while it ramps up investments in factory software. Silvia Antonioli reports.

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German engineering group Siemens posted a 14 percent decline in quarterly industrial profit, dragged down by continued weak demand from the power and gas sector while it ramps up investments in factory software. Silvia Antonioli reports.

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Siemens Q1 profit falls on power and gas decline

Wednesday, January 31, 2018 - 01:55