- Industrial Business Profit: EU3.03 billion, up 11% year-over-year (y/y); exceeded estimate of EU2.83 billion.
- Industrial Business Profit Margin: 16.5%, compared to 15.4% y/y; matched estimate of 15.4%.
- Net Income: EU2.13 billion, increased by 48% y/y; surpassed estimate of EU1.78 billion.
- EPS Before Purchase Price Allocation:
- EU2.66 versus EU1.78 y/y.
- Above estimate of EU2.38.
- Digital Industries Profit:
- EU1.12 billion, up 3% y/y.
- Exceeded estimate of EU910.9 million.
- Profit margin of 22.9% vs. 21.9% y/y; beat estimate of 19.1%.
- Smart Infrastructure Profit:
- EU923 million, up 20% y/y.
- Above estimate of EU867.1 million.
- Profit margin of 17% vs. 15.6% y/y; also exceeded estimate of 16.1%.
- Mobility Profit:
- EU227 million, up 9.1% y/y.
- Slightly below estimate of EU231.2 million.
- Profit margin of 8.7% vs. 8.1% y/y; exceeded estimate of 8.5%.
- Comparable Revenue: Increased by 5%; above estimate of +4.01%.
- Overall Revenue: EU18.90 billion, up 4.2% y/y; less than the estimate of EU19.27 billion.
- Division-Specific Revenue:
- Digital Industries: EU4.89 billion, down 1.7% y/y; beat estimate of EU4.79 billion.
- Smart Infrastructure: EU5.42 billion, up 10% y/y; matched estimate of EU5.4 billion.
- Mobility: EU2.61 billion, up 1.9% y/y; below estimate of EU2.72 billion.
- Orders:
- Total: EU19.78 billion, down 16% y/y; above estimate of EU19.54 billion.
- Digital Industries: EU4.54 billion, up 19% y/y; exceeded estimate of EU4.38 billion.
- Smart Infrastructure: EU5.99 billion, up 12% y/y; beat estimate of EU5.78 billion.
- Mobility: EU2.40 billion, down 71% y/y; below estimate of EU2.72 billion.
- Free Cash Flow: EU2.12 billion, down 28% y/y.
- Year Forecast Highlights:
- EPS before purchase price allocation: EU10.40 to EU11; estimate EU10.53.
- Comparable revenue: +4% to +8%; estimate +3.3%.
- Digital Industries comparable revenue: -4% to -8%; estimate -6.06%.
- Smart Infrastructure comparable revenue: +8% to +10%; estimate +9.57%.
- Mobility comparable revenue: +8% to +11%; estimate +9.06%.
- Digital Industries profit margin: +18% to +21%; estimate +19%.
- Smart Infrastructure profit margin: +16% to +17%; estimate +16.7%.
- Mobility
A look at Siemens Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Siemens AG, an engineering and manufacturing company, shines in areas of electrification, automation, and digitalization. Specializing in engineering solutions across various sectors such as automation, power, transportation, and healthcare, Siemens is positioned as a formidable player in the market.
Looking ahead, the Smartkarma Smart Scores for Siemens reveal a promising long-term outlook. With strong scores in Dividend and Growth, along with moderate scores in Value and Momentum, Siemens is showing potential for sustained growth and profitability. While facing some challenges in Resilience, the overall outlook for Siemens indicates a positive trajectory, making it an intriguing prospect for investors seeking a robust long-term investment option.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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