Siemens AG : Good Q1 opens the door to an upward revision of 2022 targets
>A very good Q1 2022 benefiting from the strong industrial momentum - Orders rose by 42% on a comparable basis (excellent momentum in the automation segment: +77%). The group recognises that clients are bringing forward some orders (supply chain under pressure, price increases) without being able to quantify this. Sales reached € 16.5bn (+9% l-f-l) and adjusted industrial EBITA came in at € 2,460m, giving a margin of 15.7% (vs 15% expected by the consensus). Thu...Siemens is a technology company. Co.'s Energy sector provides a range of products, solutions and services for generating and transmitting power. The Healthcare sector provides customers a range of medical solutions across the treatment chain. The Industry sector supplies products and solutions for industrial companies, primarily in the process and manufacturing industries. The Infrastructure & Cities sector provides a range of technologies that accelerates the capabilities of metropolitan centers and urban infrastructures. The Investments segment is comprised of Co.'s equity stakes in other companies. The Financial Services segment provides business-to-business financial solutions.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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