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Siemens aims for profit margin above 10 percent this year: CEO
November 7, 2013 / 6:52 AM / 4 years ago

Siemens aims for profit margin above 10 percent this year: CEO

BERLIN (Reuters) - Germany’s Siemens (SIEGn.DE) aims to boost its operating profit margin to more than 10 percent in the current fiscal year, up from a previous 7.5 percent, its Chief Executive Joe Kaeser told television station CNBC in an interview on Thursday.

Siemens earlier published fourth-quarter financial results.

Reporting by Maria Sheahan

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