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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Rolls-Royce    RR.   GB00B63H8491

ROLLS-ROYCE

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Siemens sells aerospace startup to Rolls-Royce

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06/18/2019 | 05:50am EDT
The logo of Rolls Royce is pictured on an engine of an Airbus A330-800 aircraft after a flight event presentation in Colomiers near Toulouse

FRANKFURT (Reuters) - Siemens struck a deal to sell its in-house startup Siemens eAircraft to Rolls-Royce for an undisclosed sum, it said on Tuesday.

Siemens eAircraft, which develops electric and hybrid-electric propulsion systems for the aerospace industry, has about 180 employees.

(Reporting by Christoph Steitz; Editing by Tassilo Hummel)

Stocks mentioned in the article
ChangeLast1st jan.
ONE STOP SYSTEMS INC -2.56% 1.9 Delayed Quote.0.52%
ROLLS-ROYCE 1.57% 865.8 Delayed Quote.2.70%
SIEMENS AG 0.00%End-of-day quote.0.00%
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Financials (GBP)
Sales 2019 15 350 M
EBIT 2019 769 M
Net income 2019 462 M
Finance 2019 906 M
Yield 2019 1,53%
P/E ratio 2019 33,3x
P/E ratio 2020 20,8x
EV / Sales2019 1,00x
EV / Sales2020 0,93x
Capitalization 16 314 M
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Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 1 033,86  GBp
Last Close Price 852,40  GBp
Spread / Highest target 52,5%
Spread / Average Target 21,3%
Spread / Lowest Target -23,7%
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Managers
NameTitle
David Warren Arthur East Chief Executive Officer & Director
Ian Edward Lamert Davis Chairman
Stephen Wayne Daintith Chief Financial Officer & Director
Paul Stein Chief Technology Officer
Lewis William Killcross Booth Independent Non-Executive Director
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