The merged company Siemens and Gamesa reported Q4 17 results ending in September. The presentation of the pro forma quarterly results is not very focused because management is discussing underlying EBIT numbers before inventory impairment, integration costs and before purchase price amortisation. In addition, there is no indication of the total restructurings charges and write-downs to be expected in the coming years. The discussion with the trade unions will start now. Despite the negative n
08 Nov 2017
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- Published:
08 Nov 2017 -
Author:
Heinz Steffen -
Pages:
3
The merged company Siemens and Gamesa reported Q4 17 results ending in September. The presentation of the pro forma quarterly results is not very focused because management is discussing underlying EBIT numbers before inventory impairment, integration costs and before purchase price amortisation. In addition, there is no indication of the total restructurings charges and write-downs to be expected in the coming years. The discussion with the trade unions will start now. Despite the negative n