Report
Delphine Brault

Siemens AG : Nous relevons notre OC de 130 € à 138 € en restant en Neutre

>Révision limitée à la hausse de nos chiffres - Nous avons intégré la nouvelle guidance qui aboutit à un relèvement modéré du CA et des marges opérationnelles, tout en ajoutant un gain de cession plus important pour Flender (0.9 Md€ au lieu de 0.5 Md€ attendus) : le groupe vise désormais une croissance comparable du CA de 9-11% en 2021, un résultat net de 5.7-6.2 Md€ et un book-to-bill >1x. Ceci n’inclut pas encore les charges liées à Varian (environ 300-500 M€), que ...
Underlying
Siemens AG

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Delphine Brault

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