German industrial conglomerate Siemens (SIEGY 1.41%) was a somewhat under-the-radar winner on the stock exchange on Friday. The company's shares enjoyed a more than 1% bump in price, as investors continued to disseminate the latest earnings release and two analysts raised their price targets.
Siemens' board lost its attempt on Thursday to allow the company to continue to hold virtual AGMs in future without the physical presence of investors.
Roland Busch, CEO of Siemens, discusses the German firm's first-quarter earnings, innovation in Europe, the German economy, and the impact of potential tariffs on Siemens.
Siemens Aktiengesellschaft (OTCPK:SIEGY) Q1 2025 Earnings Conference Call February 13, 2025 2:30 AM ET Company Participants Tobias Atzler - Head of Investor Relations Roland Busch - President and Chief Executive Officer Ralf Thomas - Chief Financial Officer Conference Call Participants Max Yates - Morgan Stanley Ben Uglow - OxCap Analytics James Moore - Redburn Atlantic Gael de-Bray - Deutsche Bank Simon Toennessen - Jefferies Alexander Virgo - Bank of America Operator Good morning, ladies and gentlemen, and welcome to the Siemens 2025 First Quarter Conference Call. As a reminder, this call is being recorded.
Siemens reported better than expected profit for its latest quarter on Thursday, despite continued struggles at its factory automation business.
Siemens shareholder Deka Investment will vote against the reelection of Jim Hagemann Snabe as chairman at the German engineering group, it said on Monday.
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.
Roland Busch, the CEO of Siemens, discusses Germany's industry and European competitiveness at the World Economic Forum in Davos.
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.
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.
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.
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.