Margin pressure is weighing on Siemens shares

Margin pressure is weighing on Siemens shares

Margin pressure is weighing on Siemens shares Ebitda margin missed consensus estimate of 12.6%. Higher commodity prices is one of the key risks for the stock High raw material prices and logistics expenses weighed on the earnings performance of Siemens Ltd for the September quarter. Revenue grew 14% year-on-year (y-o-y) to ₹4,000 crore, but on a two-year CAGR basis, revenue was flat, analysts said. CAGR is short for compounded annual growth rate. Ebitda fell 5% y-o-y and Ebitda margin declined 200 basis points y-o-y to 10.7%. Ebidta is short for earnings before interest, taxes, depreciation, and amortization. One basis point is one-hundredth of a percentage point. Reacting to the earnings, shares of the company fell more than 5% on the National Stock Exchange in opening deals on Thursday. Ebitda margin …
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