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Siemens Swung to Loss in 3Q on Impairment Charge; Cut EPS Target for Fiscal Year 2022

By Kim Richters


Siemens AG cut the outlook for earnings per share for the full fiscal year after it swung to a loss in its third quarter due to an impairment on its investment in Siemens. | August 11, 2022 ....

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Siemens to provide software solution for smart meter rollout in Lithuania

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Zug , October, 27, 2021


Siemens to provide software solution for smart meter rollout in Lithuania



. | October 27, 2021 ....

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Siemens : chairman favours organic growth over big buys - FAZ


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ZURICH (Reuters) - Siemens Chairman Jim Hagemann Snabe favours organic growth over big acquisitions, he tells Germany s Frankfurter Allgemeine newspaper in an interview to be published on Wednesday.
Of course, you always look around for opportunities to buy. But I m a fan of organic growth, which is where most of the momentum is, Hagemann Snabe told the newspaper.
The world is gradually coming out of the crisis, and that opens up enormous market potential under our own steam. If too much is bought in, we will no longer be Siemens.
The German engineering group would look at acquisitions to round out its presence in some sectors and also accelerate growth, said the Danish executive who has been chairman since 2018. ....

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