
CEO Christian Bruch announces a strong financial basis and is pushing ahead with the portfolio spin-off.
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Siemens Energy has recorded strong price fluctuations in recent years after a corporate crisis in autumn 2023.
Berlin. Siemens Energy investors had reason to celebrate again on Wednesday, at least for a moment. “Our financial base is stronger today than ever before,” said CEO Christian Bruch when presenting record results and new, ambitious medium-term goals for the coming years. With an increase of more than eight percent at times to 130 euros, the share was at the top of the leading index Dax. The price had fallen by a third since the spring.
Siemens Energy wants to inspire investors again with a dual strategy. On the one hand, the portfolio is being sharpened: Bruch is pushing ahead with the announced spin-off of the “Transformation of Industry” (TI) division with steam turbines and electrolysers. It also promises further growth for many years, margins of 20 percent or more and billions in profits.
In recent years, Siemens Energy has been the superstar in the DAX. After a corporate crisis in autumn 2023, when the price was temporarily around seven euros, it rose to 187 euros. Since the spring, however, things have mostly gone downhill.
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Spin-off of the Transformation of Industry division
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