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Siemens AG (SIEGn.DE)

SIEGn.DE on Xetra

88.93EUR
4:35pm BST
Change (% chg)

€-0.19 (-0.21%)
Prev Close
€89.12
Open
€88.82
Day's High
€89.89
Day's Low
€88.57
Volume
1,958,575
Avg. Vol
2,209,810
52-wk High
€114.12
52-wk Low
€84.42

Latest Key Developments (Source: Significant Developments)

Berlin Transit Operator Cannot Place Train Order Due To Legal Complaint -Statement
Tuesday, 20 Aug 2019 

Aug 20 (Reuters) - Berliner Verkehrsbetriebe (BVG)::STILL CANNOT PLACE ORDER FOR NEW SUBWAY TRAINS DUE TO LEGAL COMPLAINT BY POTENTIAL VENDOR.  Full Article

Deufol Wins Contract For Siemens Logistics Centre
Thursday, 1 Aug 2019 

Aug 1 (Reuters) - DEUFOL SE ::WINS CONTRACT FOR SIEMENS LOGISTICS CENTRE.CONTRACT BETWEEN SIEMENS AND DEUFOL HAS AN INITIAL DURATION OF FIVE YEARS.  Full Article

Siemens CFO does not want to get used to margins below 10%
Thursday, 1 Aug 2019 

Aug 1 (Reuters) - Siemens AG ::SIEMENS CFO SAYS EXPECTS IMPROVEMENT IN DIGITAL INDUSTRIES IN Q4.SIEMENS CFO SAYS DO NOT WANT TO GET USED TO MARGINS BELOW 10%.SIEMENS CFO SAYS COMPANY WILL BE ABLE TO COPE WITH HARD BREXIT; THERE MAY BE STANDSTILL AT BEGINNING BUT THEN GET USED TO IT.SIEMENS CFO SAYS INVESTMENTS WILL CONTINUE IN DIGITAL INDUSTRIES .  Full Article

Alstom To Supply 10 Additional Coradia Polyvalent To Auvergne-Rhone-Alpes
Tuesday, 30 Jul 2019 

July 30 (Reuters) - Alstom ::TO SUPPLY 10 ADDITIONAL CORADIA POLYVALENT TO THE REGION OF AUVERGNE-RHÔNE-ALPES.DELIVERIES WILL TAKE PLACE FROM DECEMBER 2020 TO MAY 2021..  Full Article

2G Energy AG Gets Order From Siemens For A Hydrogen CHP
Monday, 22 Jul 2019 

July 22 (Reuters) - 2G energy AG <2GBG.DE>::DGAP-NEWS: 2G ENERGY AG RECEIVES ORDER FROM SIEMENS FOR A HYDROGEN CHP.MANAGEMENT BOARD EXPECTS 2019 NET SALES TO BE IN UPPER RANGE OF EUR 210 - 230 MILLION.  Full Article

Alstom Wins Contract With Nanjing Metro To Provide TCMS
Wednesday, 17 Jul 2019 

July 17 (Reuters) - Alstom ::CONTRACT WITH NANJING METRO TO PROVIDE TRACTION SYSTEMS AND THE TRAIN CONTROL AND MONITORING SYSTEM (TCMS) FOR 318 METRO CARS.VALUE OF CONTRACT IS NEARLY EUR 50 MILLION..  Full Article

Alstom To Supply Traction Systems For Xi'An Metro Line 5 In China
Friday, 5 Jul 2019 

July 5 (Reuters) - Alstom ::ALSTOM TO SUPPLY TRACTION SYSTEMS FOR XI’AN METRO LINE 5 IN CHINA.SECURED CONTRACTS WITH TOTAL VALUE OF ABOUT €42 MILLION.SECURED CONTRACTS FOR SUPPLYING TRACTION SYSTEMS FOR 222 METRO CARS (37 TRAINS) FOR XI’AN LINE 5 PHASE ONE.SECURED CONTRACTS FOR SUPPLYING TRACTION SYSTEMS FOR FOR 180 METRO CARS (30 TRAINS) FOR XI’AN LINE 5 PHASE TWO.ALSTOM’S JV, SHANGHAI ALSTOM TRANSPORT ELECTRICAL EQUIPMENT CO. LTD. (SATEE) WILL MANUFACTURE THE TRACTION SYSTEMS.ALSTOM’S JV XI’AN ALSTOM YONGJI ELECTRIC EQUIPMENT CO., LTD WILL SUPPLY TRACTION MOTORS FOR TRACTION SYSTEM.  Full Article

Reg-Alstom SA Rmv's Subsidiary Fahma Orders The World's Largest Fleet Of Fuel Cell Trains From Alstom
Tuesday, 21 May 2019 

Alstom ::REG-ALSTOM SA: RMV'S SUBSIDIARY FAHMA ORDERS THE WORLD'S LARGEST FLEET OF FUEL CELL TRAINS FROM ALSTOM.'S SHARE AMOUNTS TO EUR 360 MILLION.A CONTRACT WORTH AROUND EUR 500 MILLION.VEHICLES WILL REPLACE DIESEL TRAINSETS ON FOUR REGIONAL TRAIN LINES IN TAUNUS REGION FROM 2022.WILL DELIVER VEHICLES OF TYPE CORADIA ILINT BY TIMETABLE CHANGE IN 2022.  Full Article

Alstom's Aptis Selected In Context Of Europe's Largest Tender For Electric Buses
Monday, 20 May 2019 

May 20 (Reuters) - ALSTOM ::ALSTOM'S APTIS IS SELECTED IN CONTEXT OF EUROPE'S LARGEST TENDER FOR ELECTRIC BUSES.PLAN WILL ENABLE SERIAL PRODUCTION FROM Q3 OF 2019.AMOUNT OF FRAMEWORK CONTRACT COULD REACH 133 MILLION EUROS.  Full Article

Siemens targets 1.4 billion in cost cuts by 2021
Tuesday, 7 May 2019 

May 7 (Reuters) - Siemens AG says::SMART INFRASTRUCTURE UNIT TARGETING SALES GROWTH OF 4-5 PERCENT ANNUALLY AND EBITA MARGIN OF 13-15 PERCENT BY 2023.DIGITAL INDUSTRIES UNIT TO GROW 25 PERCENT FASTER THAN MARKET, SEEKS EBITA MARGIN OF 17-23 PERCENT OVER THE CYCLE.TO SHED 12,500 JOBS INCLUDING GAS&POWER UNIT, BUT NET CREATION OF JOBS.TARGETS 1.4 BILLION IN COST CUTS BY 2021.  Full Article

U.S. business borrowing for equipment rises 15% in July - ELFA

Aug 22 U.S. companies' borrowing to spend on capital investments rose 15% in July from a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Thursday.