Bloomberg Originals
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Siemens `Underestimated' Wind-Project Complexity
Posted
April 25, 2012
Views
196
April 25, 2012
196
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7:10Now PlayingApril 25 (Bloomberg) -- Peter Loescher, chief executive officer of Siemens AG, discusses the company's decision to cut its full-year profit forecast after booking 278 million euros ($367 million) of charges related to project delays at its wind-power transmission business.
He speaks from Munich with Linzie Janis on Bloomberg Television's "Countdown." (Source: Bloomberg)
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