MRO Magazine

transmission equipment

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    Siemens reports profit up, extends CEO’s contract

    August 3, 2017 by MRO Magazine

    Frankfurt – Industrial equipment maker Siemens AG reports net profit for the most recent quarter rose 7 per cent to 1.46 billion euros ($1.72 billion) – and it announced an extension of CEO Joe Kaeser’s contract until 2021. Profit in