Siemens Energy shares jump 20% on raised targets

Siemens Energy surges after record Q4 order intake, raised medium-term targets
Siemens Energy (OTCPK:SMEGF) +15.3% in Frankfurt on Wednesday after reporting a narrower than expected Q4 loss and a new record for its order book while upgrading its medium-term financial guidance. Q4's loss of €254B came in well below the analyst consensus forecast of a loss of €351.
Siemens Energy Raises Mid-Term Outlook as Turnaround Gathers Pace
MUNICH/DUESSELDORF (Reuters) -Siemens Energy raised its midterm outlook on Tuesday as it reported a new record for its order book and a narrower fourth-quarter loss, boosted by rising demand for power equipment and an ongoing turnaround at its wind turbine unit.
Live news: Siemens Energy shares jump 20% on raised targets
Shares in Siemens Energy jumped 20 per cent to a new all-time high on Wednesday, after the energy technology company raises its financial targets. “Global demand for electricity is rising, driven by a growing population and rising living standards ...
Siemens Energy Boosts Midterm Targets
Siemens Energy AG’s shares surged the most on record after the company lifted its midterm targets, citing growing demand for its grid technologies that offset losses at its beleaguered wind-turbine division.
Siemens Energy Shares Soar on Raised Midterm Targets, Record Order Intake
Shares were up 20% at 46.87 euros in early morning trade in Frankfurt. They have nearly quadrupled this year, making Siemens Energy the top gainer among German blue chips. The Munich-based company late Tuesday upgraded its 2028 financial targets,
Siemens Energy won't propose dividend for fiscal year 2024
Siemens Energy has not proposed a dividend for the 2024 fiscal year, citing limitations to its payout policy as a result of obtaining project guarantees last year that are backed by the German government.

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Siemens Extends Contract of Management Board Member Rebellius
ZURICH (Reuters) - Siemens has extended the contract of managing board member Matthias Rebellius for one more year until ...
Siemens Energy, RWE warn of Trump fallout in US offshore wind sector
By Christoph Steitz and Vera Eckert MUNICH/FRANKFURT (Reuters) -Two of the world's biggest renewables players on Wednesday ...
Siemens Unveils Next-generation AI-enhanced Electronic Systems Design Software
Siemens Digital Industries Software announced the latest advancement in its electronic systems design portfolio.
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Siemens Expected to Post Higher Profit on Strong Demand in Smart Infrastructure -- Earnings Preview
NET PROFIT FORECAST: Siemens's fourth-quarter net profit is expected at 1.87 billion euros, according to the consensus estimates provided by Visible Alpha, up from 1.72 billion euros it reported in ...
Siemens Energy Stock Surges On Q4 Order Strength, Positive Outlook
Shares of Siemens Energy AG were climbing around 16 percent in the morning trading on Germany's XETRA after the company Wednesday ...
All options, including exit, open for Siemens Gamesa India, says CEO
Siemens Energy considers all options for its wind business in India, including partnerships or potential exit, amid global ...
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How Siemens Healthineers used data and storytelling to make MRIs less scary for child cancer patients
Are you a print subscriber? Activate your account. By Ad Age Studio 30 - 1 day 13 hours ago By Ad Age Staff - 1 day 15 hours ...
Siemens Energy posts €1.3bn profit as turbine crisis begins to ease
Shares in Siemens Energy jumped 20 per cent on Wednesday after the company reported an annual net profit of more than €1bn ...