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    SGRE   ES0143416115

SIEMENS GAMESA RENEWABLE ENERGY, S.A.

(SGRE)
  Report
Delayed Bolsas y Mercados Espanoles  -  11:38 2022-10-06 am EDT
17.91 EUR   -0.06%
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Siemens supervisory board employee reps against further splitting-up

08/03/2022 | 04:39am EDT
Display for German multinational conglomerate corporation Siemens AG in Toronto

BERLIN (Reuters) - Siemens' new supervisory board is committed to doing away with the portfolio policy of the past, said influential employee representatives on the board, who added that they were opposed to further splitting up the German industrial group.

Siemens AG, Siemens Mobility, and the majority stake in Siemens Healthineers are "the core of Siemens, that's non-negotiable", said Juergen Kerner, an IG Metall board member who is also a supervisory board member, at a press event late on Tuesday.

Joe Kaeser, predecessor of Siemens boss Roland Busch, had split off the energy technology division Siemens Energy and brought Siemens Healthineers on the stock exchange.

There will always be minor portfolio changes within the divisions, said Kerner. "That's always been the case at Siemens. We don't oppose change. It just can't be a one-way street."

(Reporting by Alexander Huebner, Writing by Miranda Murray; Editing by Madeline Chambers)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
DAIMLER TRUCK HOLDING AG -0.14% 24.395 Delayed Quote.-24.34%
SIEMENS AG 0.86% 105.14 Delayed Quote.-31.73%
SIEMENS ENERGY AG -1.43% 11.345 Delayed Quote.-48.82%
SIEMENS GAMESA RENEWABLE ENERGY, S.A. -0.06% 17.91 Delayed Quote.-14.95%
SIEMENS HEALTHINEERS AG -0.13% 45.49 Delayed Quote.-30.80%
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Analyst Recommendations on SIEMENS GAMESA RENEWABLE ENERGY, S.A.
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Financials
Sales 2022 9 401 M 9 240 M 9 240 M
Net income 2022 -810 M -797 M -797 M
Net Debt 2022 1 528 M 1 501 M 1 501 M
P/E ratio 2022 -15,5x
Yield 2022 -
Capitalization 12 194 M 11 984 M 11 984 M
EV / Sales 2022 1,46x
EV / Sales 2023 1,37x
Nbr of Employees -
Free-Float 32,9%
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Technical analysis trends SIEMENS GAMESA RENEWABLE ENERGY, S.A.
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TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
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Mean consensus HOLD
Number of Analysts 16
Last Close Price 17,91 €
Average target price 17,70 €
Spread / Average Target -1,19%
EPS Revisions
Managers and Directors
Jochen Eickholt Chief Executive Officer & Executive Director
Beatriz Puente Ferreras Chief Financial Officer
Miguel Angel López Borrego Chairman
Alan Feeley Chief Information & Cyber Security Officer
Antonio de la Torre Chief Technology Officer