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BERLIN, Aug. 2 (Xinhua) — Siemens has published mixed earnings data for the second quarter (Q2) of 2018 on Thursday, shortly after a new round of restructuring was announced at the German industrial corporation.
Gross revenue at the DAX-listed company fell by an annual rate of 4 percent to 20.5 billion euros (23.8 billion U.S. dollars) in Q2 as negative currency effects exerted downward pressure on the nominal value of sales. During the same period, the volume of the corporate orders rose by 16 percent to 22.8 billion euros thanks to several large new orders.
Operative profits from the core industrial business rose by 2 percent to 2.2 billion euros, resulting in an operative margin of 10.7 percent. T…
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