Siemens Aktiengesellschaft Sponsored ADR (SIEGY)
Shareholder adviser ISS wants to block virtual AGMs at Siemens
Influential shareholder adviser ISS wants Siemens to return to in-person annual general meetings and has recommended shareholders vote against allowing virtual meetings in the coming years, according to a proposal seen by Reuters.
German industry needs to innovate faster, says Siemens CEO
Roland Busch, the CEO of Siemens, discusses Germany's industry and European competitiveness at the World Economic Forum in Davos.
Siemens (SIEGY) Stock Jumps 3.6%: Will It Continue to Soar?
Siemens (SIEGY) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Telefonica & Siemens Partner for Spain's Industrial Transformation
TEF aims to drive the digital transformation of the Spanish industry by using advanced 5G and IoT solutions and cutting-edge Digital Twin and AI technologies.
Why Siemens Is 'Absolutely Ready' for Trump Tariffs
Barbara Humpton, CEO of Siemens, discusses how the company has adapted to the changing supply chain landscape as they prepare for President-elect Donald Trump's return to the White House. She joins Ed Ludlow on "Bloomberg Technology" to discuss.
Siemens: Solid 2024 Results, With A Caveat (And A Surprise For 2025)
German industrial and technology powerhouse Siemens AG yesterday reported its fiscal 2024 results, which once again underlined the company's excellent positioning, degree of diversification, and operational strength. In this deep dive into Siemens' FY2024 earnings, I focus on segment results, order backlog, profitability and provide an update on the balance sheet in light of the Altair acquisition. I'll point out a caveat related to the free cash flow of Siemens and share a nice — but admittedly somewhat unexpected — surprise for SIEGY stock owners.
Siemens Aktiengesellschaft (SIEGY) Q4 2024 Earnings Call Transcript
Siemens Aktiengesellschaft (OTCPK:SIEGY) Q4 2024 Earnings Conference Call November 14, 2024 4:00 AM ET Company Participants Tobias Atzler - Senior Manager, IR Roland Busch - President & CEO Ralf Thomas - CFO Conference Call Participants Martin Wilkie - Citi James Moore - Redburn Atlantic Andrew Wilson - JPMorgan Jonathan Mounsey - BNP Paribas Max Yates - Morgan Stanley Ben Uglow - Oxcap Analytics Simon Toennessen - Jefferies Alexander Virgo - Bank of America Merrill Lynch Phil Buller - Berenberg Gael de-Bray - Deutsche Bank Operator Good morning, ladies and gentlemen, and welcome to the Siemens 2024 Fourth Quarter Conference Call. As a reminder, this call is being recorded.
Siemens to cut up to 5,000 jobs in automation business after downturn
Siemens could cut up to 5,000 jobs worldwide in its struggling factory automation business, Chief Executive Roland Busch said on Thursday.
Trump's proposed tariffs will lead to higher global inflation, Siemens CEO says
Roland Busch, CEO of Siemens, says President-elect Donald Trump's proposed tariffs are set to push up inflation and lead to higher global prices, although he doesn't expect a direct hit to his business.
Siemens flags geopolitical risks ahead after profit falls
Siemens reported a drop in profit at its industrial business on Thursday and lowered its sales target for next year, citing geopolitical risks like trade conflicts and weak consumer demand.
Siemens can make more acquisitions after Altair deal, exec tells paper
Siemens has the financial muscle for further software acquisitions after its $10.6 billion purchase of U.S. industrial software company Altair , managing board member Cedrik Neike said.
Siemens could sell down stakes in listed companies to fund Altair deal
Siemens could sell off part of its stakes in Siemens Healthineers , Siemens Energy and Fluence to help fund its $10.6 billion Altair acquisition, Chief Financial Officer Ralf Thomas said on Thursday.
