Motilal Oswal
    NIFTY 50
Motilal Oswal

Siemens Q3 results today: Revenue growth likely around 14%

Updated : February 06, 2019 01:55 PM IST

The Street is optimistic of Siemens third quarter earnings, with revenues seen growing by 13.5 percent year on year and margins likely to remain steady or expand a bit by around 20 basis points. The profit is expected to grow by around 12.5 percent.

The revenue growth is expected to be driven by mobility and digital factory segments. Revenues from power and gas, and process industries are also expected to report a steady growth. Other income is expected to support a profit growth.

The key issues to watch out are raw material costs and execution. Given it is a multi-national company, there could be some impact of forex since lot of raw materials are imported.

The company's order intake has been steady for the last few quarters. The company is usually very conservative in its commentary.
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