We had the opportunity to discuss again with Siemens about its current transformation at the Baader Investment Conference. Everything seems to be on track: i) the listing of Gas and Power is still expected for September 2020, with more details to come with the equity story, and ii) cost measure targets for 2021 and 2023 in all divisions are on the way to being achieved. The only downside that we see is linked to Digital Industries in the short term.
30 Sep 2019
All things come to those who wait
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All things come to those who wait
Siemens Aktiengesellschaft (SIE:WBO) | 0 0 0.4% | Mkt Cap: 93,908m
- Published:
30 Sep 2019 -
Author:
Luis Pereira -
Pages:
2
We had the opportunity to discuss again with Siemens about its current transformation at the Baader Investment Conference. Everything seems to be on track: i) the listing of Gas and Power is still expected for September 2020, with more details to come with the equity story, and ii) cost measure targets for 2021 and 2023 in all divisions are on the way to being achieved. The only downside that we see is linked to Digital Industries in the short term.