Siemens AG : Uncertainties in the short term overshadow solid long-term prospects
>Digital industries weighs on the Q3 performance - Orders in Q3 2023 stood at € 24.2bn, +15% on a comparable basis (consensus at +5.3%), thanks to mobility, whereas the digital industries (DI) and smart infrastructure (SI) activities posted, respectively, -35% (10 ppt below the consensus) and -1%. The book-to-bill was 1.28x (0.77x at DI). Sales were up 10% on an organic basis, to € 18.9bn (2% below the consensus) and industrial EBITA was € 2,752m, i.e. a margin of 15....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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.