Siemens AG engages in the production and supply of systems for power generation, power transmission, and medical diagnosis. It operates through the following segments: Power & Gas, Energy Management, Building Technologies, Mobility, Digital Factory, Process Industries & Drives, Siemens Healthcare and Financial Services. The Power and Gas segment offers gas turbines, steam turbines, generators, compressors, power plant solutions, and power and process automation. The Energy Management segment covers high voltage products, low voltage power distribution, power transmission, smart grid solutions and services, transformers, medium voltage switchgear and devices, and energy automation. The Building Technologies segment comprises of automation technologies and services for commercial, industrial, and public buildings and infrastructures. The Mobility segment consists of passenger and freight transportation systems and solutions such as Siemens mobility, green mobility, mobility services, and road and rail solutions. The Digital Factory segment contains solutions such as automation systems, industrial controls, industrial communication, power supplies, electronic car powertrain systems, industry services, industry software, personal computer based automation, motion control, online support, and operator control and monitoring systems. The Process Industries and Drives segment offers standard and customized products, systems, solutions, and services to industry sectors. The Siemens Healthcare segment supplies products in medical imaging, laboratory diagnostics, and information technology solutions to healthcare industry. The Financial Services segment provides business to business financial solutions such as commercial finance, insurance, asset management, project and structured finance, venture capital, and treasury. Siemens was founded by Johann Georg Halske and Werner von Siemens on October 12, 1847 and is headquartered in Munich, Germany.
Siemens AG stock price
Today's ETR:SIE chart, history & news
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About Siemens AG
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Siemens AG dividends
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Shares of Siemens AG (ETR: SIE) rotated lower in the second part of the last week after the company presented a cautious outlook amid the coronavirus-related uncertainty. Fundamental analysis: Profit soars Siemens posted a net profit of 1.9 billion euros ($2.24 billion) in Q4, 28% higher than in the same period last year, thanks to the spin-off of its energy business Siemens Energy. Still, negative currency translations he...
Siemens AG (ETR: SIE) said on Thursday that its profit in the fiscal fourth quarter increased on an annualised basis and topped analysts’ estimates. The company also offered guidance for the ongoing financial year. Shares of the company closed almost flat on Thursday. At £102.23 per share, Siemens AG is currently close to 6% up year to date in the stock market after recovering from a low of £50 per share in March, when the impact of COVID-19 was...
Shares of Siemens Energy (ETR: ENR1n) have rallied 6% today to recover yesterday’s losses. The stock opened lower-than-anticipated on their market debut on the Frankfurt stock exchange on Monday. Fundamental analysis: A disappointing debut The German giant Siemens (ETR: SIE) decided to make its energy division independent. Siemens Energy debuted at 22.01 euro per share on Monday, valuing the gas turbines and power transmission systems maker...
Siemens AG stock price (ETR: SIE) surged over 4% on Thursday after the German giant posted better-than-expected results for its third quarter. Shares are now attempting to break a long-term resistance around the 115.00 mark. Fundamental analysis: Accounting business to the rescue again Siemens saw its adjusted industrial profit jump to 1.79 billion euros, smashing analyst forecasts for 1.17 billion euros. The German engineering group was pa...
Siemens AG (ETR: SIE) said on Friday that its industrial profit came in 18% lower in the second quarter. The company also withdrew its previous full-year guidance for 2020 and warned that the impact of the Coronavirus pandemic on its performance is expected to be more pronounced in the third quarter. Originally, Siemens had estimated moderate growth in its full-year revenue this year. Following the Q2 earnings report, however, the company revised...
The economic blow from the Coronavirus pandemic to global businesses, as per experts, is unprecedented in history. Numberless businesses have resorted to cost-cutting strategies in the past two months including reducing workforce and temporarily suspending operations. In its announcement on Saturday, however, Siemens (ETR:SIE) brought the good news for its workers as it highlighted that the company doesn’t plan on laying off workers amidst...
Siemens has been vocal about its plans of launching reconstruction projects in Syria and Iraq. As per the latest statement by the CEO, Joe Kaeser, on Thursday, President Trump has shown willingness to support such projects. While Siemens is headquartered in Munich, the company has as many as 60,000 employees in the United States of America with another 100,000 that are employed indirectly. Being a net exporter, Siemens’ stateside operation,...
Rolls-Royce’s share price (LON:RR) is outperforming the broader London market as the British engine maker announced that it had agreed to acquire Siemens’ eAircraft business. The update comes after the FTSE 100 company confirmed last week that it had received interest from Spain’s Indra Sistemas SA to buy a majority stake in its Spanish business ITP Aero. As of 14:47 BST, Rolls-Royce’s share price had added 2.32 percent to...
Airbus, Rolls Royce and Siemens have teamed up to create the next hybrid electric plane, the E-Fan X, which should be ready for testing in 2020.
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