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    SIE   DE0007236101

SIEMENS AG

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Siemens : New electronic interlocking for parts of Berlin's U2 subway line

05/05/2021 | 10:25am EDT

The Berlin Transport Association (BVG) and Siemens Mobility have signed a contract for the construction of a Sicas ECC electronic interlocking at Alexanderplatz subway station. The new interlocking is to cover the approximately 3.5-kilometer route between the Rosa-Luxemburg-Platz and Spittelmarkt subway stations. In addition to the indoor system, the scope of order includes new cables, a cable system and around 150 K140 signals (main, pre, emergency and protection signals). The line, which comprises a total of five stations, runs underground on two tracks in a tunnel with a small clearance gauge. The project, which has a total volume of around €13 million, will start laying cables in November 2021 and will be completed in summer 2024.

Disclaimer

Siemens AG published this content on 05 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 May 2021 14:24:04 UTC.


© Publicnow 2021
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Sales 2021 59 845 M 71 467 M 71 467 M
Net income 2021 5 613 M 6 703 M 6 703 M
Net Debt 2021 30 950 M 36 960 M 36 960 M
P/E ratio 2021 20,2x
Yield 2021 2,59%
Capitalization 109 B 130 B 130 B
EV / Sales 2021 2,34x
EV / Sales 2022 2,19x
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Mean consensus OUTPERFORM
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Average target price 159,62 €
Spread / Average Target 16,8%
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Roland Emil Busch President & Chief Executive Officer
Ralf Peter Thomas Chief Financial Officer
Jim Hagemann Snabe Chairman-Supervisory Board
Hanna Hennig Chief Information Officer
Andreas Christian Hoffmann General Counsel, Head-Legal & Compliance
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