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Siemens AG Wittelsbacherplatz 2 80333 München, Germany http://www.siemens.com
Contact Ms Verónica Díaz +34 616 34 87 35
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Siemens AG

Siemens Gamesa unveils its 3-year strategic plan, with the L3AD2020 program, focused on profitable growth and €2 billion of savings, designed to achieve global leadership

(PresseBox) (Madrid, Spain, )
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- The L3AD2020 program has 3 pillars: LCoE (Levelized Cost of Energy), Agility and Digitalization, and it is supported by Change Management program focusing in People and Culture
- The company expects to outperform the market on sales
- The costs saving are focused on procurement, technology and industrial footprint enhancements, as well as the already-announced synergies and restructuring work
- The largest industrial merger clearly confirmed with synergy target almost duplicate to over €400 million and will be delivered one year sooner than anticipated
- Target for 2020 calls for an EBIT margin (pre-PPA and integration and restructuring costs) of 8-10%

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.