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Siemens to hit gas pedal on cost-cutting drive: StarMine

Thursday, May 02, 2013 - 00:39

May 2 - Siemens operating margins and total liabilities/total assets ratio underperforms its rivals shows StarMine, suggesting the conglomerate needs to accelerate its cost-cutting programme.

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But the week -- economy continues to -- Siemens -- customers are buying less of its products and that's driving prices down. According to star mine the engineering conglomerate has let alone operating margin compared to eighty BP -- -- I need to. It's total liabilities compared to total assets also higher than its peers. The company has announced a multi billion Euro cost cutting plan. But it shares still lag its rivals. So perhaps it's not restructuring focused enough for investors.

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Siemens to hit gas pedal on cost-cutting drive: StarMine

Thursday, May 02, 2013 - 00:39