Siemens Mobility profitability takes a hit

Image: Siemens Mobility

The profitability of Siemens Mobility is expected to come out at 7.5 to 8.5 percent in 2022, Siemens said in its financial presentation for the third quarter released on Thursday. The company had previously targeted 10-10,5 percent. Revenue is expected to stay level.

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Author: Nick Augusteijn

Former Chief Editor of RailTech.com

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Siemens Mobility profitability takes a hit | RailTech.com

Siemens Mobility profitability takes a hit

Image: Siemens Mobility

The profitability of Siemens Mobility is expected to come out at 7.5 to 8.5 percent in 2022, Siemens said in its financial presentation for the third quarter released on Thursday. The company had previously targeted 10-10,5 percent. Revenue is expected to stay level.

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Subscribe now!

Take advantage of our exclusive offer to get full access to all premium content.

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Author: Nick Augusteijn

Former Chief Editor of RailTech.com

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