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    SIE   DE0007236101

SIEMENS AG

(SIE)
  Report
Delayed Xetra  -  11:35 2022-12-07 am EST
132.90 EUR   -0.64%
12:02pSiemens : increases and accelerates sustainability targets and investments
PU
08:27aJoint Acquisition of SEPG by Siemens Energy, SEC Gets EU Clearance
MT
07:21aSIEMENS ENERGY : Credit Suisse reiterates its Buy rating
MD
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France's Areva Says Finnish Nuclear Reactor Enters Final Test Phase

09/30/2022 | 05:02am EST

By Giulia Petroni


France's Areva SA said Friday that the Olkiluoto 3 nuclear power plant is entering the final phase of testing and has reached full power of around 1.6 gigawatts.

The much-delayed OL3 reactor, which has been under construction since 2005, was built by a consortium led by Areva and Siemens AG on Finland's southwestern coast.

During the testing phase, the plant has produced more than one terawatt of electricity for the Finnish grid, said Areva, which is majority-owned by the French state.

Along with Siemens and operator Teollisuuden Voima Oyj, the company said it is fully mobilized to complete the long final testing phase at 100% power. This will lead to the contractual acceptance of the plant.


Write to Giulia Petroni at giulia.petroni@wsj.com


(END) Dow Jones Newswires

09-30-22 0501ET

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Analyst Recommendations on SIEMENS AG
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Financials
Sales 2022 70 492 M 73 960 M 73 960 M
Net income 2022 3 818 M 4 006 M 4 006 M
Net Debt 2022 38 320 M 40 206 M 40 206 M
P/E ratio 2022 27,7x
Yield 2022 3,14%
Capitalization 105 B 110 B 110 B
EV / Sales 2022 2,03x
EV / Sales 2023 1,87x
Nbr of Employees 311 000
Free-Float 88,4%
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Technical analysis trends SIEMENS AG
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TrendsBullishBullishNeutral
Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 22
Last Close Price 132,90 €
Average target price 151,52 €
Spread / Average Target 14,0%
EPS Revisions
Managers and Directors
Roland Emil Busch President & Chief Executive Officer
Ralf Peter Thomas Head-Corporate Finance, Accounting & Controlling
Jim Hagemann Snabe Chairman-Supervisory Board
Hanna Hennig Chief Information Officer
Bernhard Wardin Head-Technology & Innovation
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