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SIEMENS: the end of this month or the completion of this fiscal year revenue target
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Article Source:Huijin network Update Time:2016-12-2

align="left"> September 15th News - SIEMENS Joe Kaeser CEO said, by the end of this month, SIEMENS or achieve revenue targets for this fiscal year, but its long-term prospects are still affected by political risk.

 

 

Kaeser said in an interview on Wednesday, this year, SIEMENS will be able to successfully complete the target, in the current work environment, and even may exceed expectations.

 

He added that next year the situation is not fun, he is most worried about is the next year, geopolitical instability, the material will affect the performance of SIEMENS.

 

This year, SIEMENS has raised the financial indicators two times, last month, SIEMENS expects earnings per share will be between 6.50-6.70 euros. Kaeser in 2016 on the performance of SIEMENS's optimistic expectations had suffered two factors, one of China's economic slowdown, the second is the continued decline in energy prices.

 

Political risk

 

Kaeser said on Wednesday, SIEMENS's performance so far this year is very satisfactory.

 

SIEMENS's goal for this fiscal year includes a modest revenue growth, as well as an increase in the order growth, where the order delivery ratio should be significantly greater than 1. August 4th, SIEMENS announced three quarter earnings than expected, in which the number of power generation equipment large orders. SIEMENS will announce the annual revenue in November 10th.

 

Kaeser pointed out that geopolitical risks may discourage investors, the main risks include geopolitical risks in the Middle East, Britain, Europe, and the upcoming U.S. presidential election.

 

He said he is not worried about SIEMENS's ability to perform, and do not worry about SIEMENS's competitiveness. But geopolitical environment will drag on consumer confidence. The biggest risk in fiscal year 2017 is geopolitical risks.

 

He added that the U. S. election is one of the biggest risks.

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