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Siemens says margins at wind energy unsustainable
Credit: FRANKFURT | reuters.com ~~
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Translate: FROM English | TO English
May 19 (Reuters) – Siemens (SIEGn.DE), Europe’s biggest engineering company, believes that profit margins at its wind energy business are not sustainable, its chief finance officer said on Thursday.
Joe Kaeser also told reporters that Siemens has no gaps in its business portfolio and organic growth remained a priority. (Reporting by Edward Taylor)
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