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Siemens sees bigger hit from coronavirus impact coming as second-quarter profit plunges

Siemens sees bigger hit from coronavirus impact coming as second-quarter profit plunges

May 11, 2020 at 10:48 AM

Siemens (SIEGn.DE) on Friday said it expected “even stronger impacts” from the coronavirus pandemic in the weeks ahead as it ditched its 2020 guidance and posted an 18% drop in industrial profit during its second quarter.

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