Siemens Healthineers : Slower start into 2024
>Finish driven by Varian - Q4 2023/24 revenues of € 6,056m (+1.0% y-o-y) were driven by comparable sales growth of 7.5% still impacted by some headwind from the Covid antigen test. Excluding the test, comparable sales growth would have been at a strong 10.8%. The positive development was driven by Varian, which showed a very strong 29.8% comparable sales growth. Hence, we like the positive trend of the equipment book-to-bill, which climbed to a level of 1.16x vs 1.11x...Siemens Healthineers AG is a Germany-based company that supplies technology to the healthcare industry. The Company offers a wide range of products and services in the fields of diagnostic and therapeutic imaging, laboratory and point of care diagnostics, and molecular medicine. It provides medical technology and software solutions, as well as clinical consulting services. Additionally, the Company is developing its digital health and enterprise services trough expanding precision medicine, transforming care delivery, improving patient experience, and digitalizing healthcare to enable healthcare providers to increase value. Siemens AG is a majority shareholder of the Company. The Company is active worldwide.
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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