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MarketScreener Homepage  >  Equities  >  Xetra  >  Siemens    SIE   DE0007236101

SIEMENS (SIE)
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Siemens : to mull sale of gas turbine business -Bloomberg

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06/13/2018 | 03:07pm CEST
FILE PHOTO:  The headquarters of Siemens AG is seen before the company's annual news conference in Munich

(Reuters) - Siemens AG is considering strategic options including a potential sale of its struggling business that makes large gas turbines for power plants, Bloomberg reported on Wednesday citing people familiar with the matter.The German engineering company is looking at all possibilities, such as a combination with a rival, the report added.

Siemens has seen a drop in demand at its power and gas business, which makes gas and steam turbines.

Seimens declined to comment on the report.

(Reporting by Parikshit Mishra in Bengaluru; Editing by Bernard Orr)

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Financials (€)
Sales 2018 83 281 M
EBIT 2018 7 382 M
Net income 2018 5 976 M
Debt 2018 19 376 M
Yield 2018 3,43%
P/E ratio 2018 15,23
P/E ratio 2019 14,91
EV / Sales 2018 1,36x
EV / Sales 2019 1,28x
Capitalization 93 500 M
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Mean consensus OUTPERFORM
Number of Analysts 25
Average target price 130 €
Spread / Average Target 18%
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Managers
NameTitle
Josef Kaeser President & Chief Executive Officer
Jim Hagemann Snabe Chairman-Supervisory Board
Ralf Peter Thomas Chief Financial Officer
Roland Emil Busch Chief Technology Officer
Helmuth Ludwig Chief Information Officer
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