Siemens Enjoys Promising Start to the Year -- Market Talk

Dow Jones

02/13

0831 GMT - Siemens' solid set of first-quarter results are a promising start to the year, Deutsche Bank Research analysts Gael de-Bray and Nabil Najeeb say in a research note. The German conglomerate posted results that were strong on all metrics, particularly on free cash flow, the analysts say. Free cash flow was very strong at 1.6 billion euros, 40% above consensus estimates, they say. Siemens backed its fiscal year outlook, targeting organic revenue growth between 3% and 7%, against consensus of 5%, they say. Shares trade 5.7% higher at 224.45 euros. (nina.kienle@wsj.com)

(END) Dow Jones Newswires

February 13, 2025 03:32 ET (08:32 GMT)

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(nina.kienle@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 13, 2025 03:32 ET (08:32 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4543","symbol_name":"AI","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2511513030","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2511513030","pubTimestamp":1739435520,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0831 GMT - Siemens' solid set of first-quarter results are a promising start to the year, Deutsche Bank Research analysts Gael de-Bray and Nabil Najeeb say in a research note. 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Free cash flow was very strong at 1.6 billion euros, 40% above consensus estimates, they say. Siemens backed its fiscal year outlook, targeting organic revenue growth between 3% and 7%, against consensus of 5%, they say. Shares trade 5.7% higher at 224.45 euros. (nina.kienle@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 13, 2025 03:32 ET (08:32 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}