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MarketScreener Homepage  >  Equities  >  Deutsche Boerse AG  >  Siemens Energy AG    ENR   DE000ENER6Y0

SIEMENS ENERGY AG

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Siemens Energy : to Supply Gas Turbines for China's Guangdong Energy

02/23/2021 | 03:43am EST

By Giulia Petroni

Siemens Energy AG said Tuesday that it signed an agreement with Guangdong Energy Group Co., Ltd. to supply gas turbines for a combined heat and power generation project in China.

The German energy company said the project, which is located in the province of Guangdong, is expected to start operations in 2023. It will have an estimated annual generation capacity of up to 3.5 billion kilowatt hours and cut carbon-dioxide emissions by up to 60%, providing clean electricity to the grid and supporting heating demand in the area.

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

(END) Dow Jones Newswires

02-23-21 0343ET

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Financials
Sales 2021 29 173 M 35 023 M 35 023 M
Net income 2021 76,3 M 91,6 M 91,6 M
Net cash 2021 1 915 M 2 299 M 2 299 M
P/E ratio 2021 284x
Yield 2021 0,54%
Capitalization 22 704 M 27 377 M 27 257 M
EV / Sales 2021 0,71x
EV / Sales 2022 0,65x
Nbr of Employees 92 000
Free-Float 53,7%
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 15
Average target price 35,36 €
Last Close Price 31,92 €
Spread / Highest target 44,1%
Spread / Average Target 10,8%
Spread / Lowest Target -12,3%
EPS Revisions
Managers and Directors
NameTitle
Christian Bruch President & Chief Executive Officer
Maria Ferraro Chief Financial & Diversity Officer
Josef Kaeser Chairman-Supervisory Board
Günter Augustat Member-Supervisory Board
Manfred Bäreis Member-Supervisory Board
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