0753 GMT - Siemens first-quarter results are stronger than expected, Berenberg analysts Philip Buller and Scott Humphreys say in a research note. Siemens posted a 7% and 2% beat in orders in its digital industries and smart infrastructure divisions, respectively. There is plenty to like in the German conglomerate's results, with the only modest disappointment being the mobility segment, the analysts say. "We expect these results to be received well in today's trading, noting that the company's fiscal 2025 guidance remains unchanged." (nina.kienle@wsj.com)
(END) Dow Jones Newswires
February 13, 2025 02:53 ET (07:53 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.