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Siemens Q4 Profit, Orders Rise; Sees Growth Ahead; Stock Up
Shares of Siemens AG were gaining around 6 percent in the morning trading on Germany's XETRA after the conglomerate on Thursday issued positive revenue outlook for fiscal 2025, after reporting higher profit and orders in its fourth quarter. Further, Siemens President and CEO Roland Busch reportedly announced potential cut of up to 5,000 jobs worldwide in its factory automation business.
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Pred 19 h 33 min
Siemens Stock Dips On Weak Q2 Profit, Orders; Backs FY24 View
Shares of Siemens AG were declining around 5 percent in German trading after the conglomerate reported Thursday weak profit in its second quarter on the absence of prior year's hefty gain as well as lower revenues. Orders also were lower in the quarter. Further, the firm confirmed its fiscal 2024 outlook, but trimmed outlook for Digital Industries comparable revenue and margin.
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Pred 182 dňami
Siemens Q4 Profit Falls, Lifts Dividend; Sees Growth In FY24; Stock Up
German conglomerate Siemens AG reported Thursday sharply lower profit in its fourth quarter, while revenue was benefited by strong performance in all industrial businesses. The firm also announced higher dividend, and said it projects comparable sales growth in fiscal 2024, however, slower than last year. The shares were gaining around 6 percent in the morning trading in Germany.
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Pred 364 dňami
Siemens Posts Q3 Profit, Orders Up; Confirms FY23 View; Stock Down
German conglomerate Siemens AG reported Thursday a profit in its third quarter, compared to last year's loss, with significant growth in revenues and orders. Meanwhile, Profit Industrial Business and margin declined from last year. Further, the company backed its forecast for group earnings and revenue growth, but trimmed its comparable revenue growth view for Digital Industries.
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Pred 462 dňami
Siemens Stock Up On Q4 Profit Growth, Dividend Hike; Positive FY23 View
Shares of Siemens AG were gaining around 7 percent in the morning trading in Germany after the conglomerate reported Thursday significantly higher profit and revenues in its fourth quarter, and said it expects strong growth in earnings and sales in fiscal 2023. The company also raised its dividend.
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Pred 728 dňami
