SMAWF News and Press, Siemens AG From 05/31/23

2023-05-31 10:52:54 ET Siemens ( OTCPK:SIEGY ) said Wednesday it secured a rail vehicle service contract extension for another eight years worth €530M ($568.9M). The contract includes maintenance services for 51 trains of the Class 185 fleet serving TransPennine Express r...

2023-05-30 06:33:00 ET Summary Siemens reports strong Q2 2023 performance with increased orders, revenues, net income, and margins across multiple segments. The company is well-positioned to benefit from digital transformation, electrification, and sustainability trends in the glo...

2023-05-17 08:27:04 ET Siemens Aktiengesellschaft (SIEGY) Q2 2023 Earnings Conference Call May 17, 2023, 03:30 AM ET Company Participants Eva Scherer - Head, IR Roland Busch - President & CEO Ralf Thomas - CFO Conference Call Participants Alexande...

2023-05-09 10:54:35 ET Summary Fluence listed on NASDAQ 1.5 years ago as a JV between Siemens and AES, but the teams brought together have much deeper energy storage experience. Fluence has clear goals for expanding its battery storage market, but this is much more than building a...

2023-03-29 17:33:20 ET Summary I've been reviewing and investing in Siemens Aktiengesellschaft for years. My current position is minor because the company is currently at a full valuation. Siemens is a great business, but at this price, I wouldn't be overly excited at investing he...

2023-03-14 04:47:34 ET Summary Industrial automation is a mega-trend but if you invest purely on this logic, you are prone to suffering gut-wrenching drawdowns. The market is bullish on supportive manufacturing policies. But leading indicators suggest a slowdown in manufacturi...

Summary The new Fluence Energy, Inc. management team has shown strong execution capabilities as they addressed each of their objectives set for the company. In the Q1 FY2023, Fluence Energy achieved a record order intake of $856 million, bringing the contracted backlog to $2.7 billion. ...

Summary The EU economy has weathered the economic divorce with Russia better than expected, at least on the surface. It took over 800 billion euros in spending to mask the scale of damage. The money was needed to cushion the blow from the need to bid up the price of LNG to the point nee...

Summary At the most conservative valuation for Aker ASA, it trades substantially below the sum-of-parts valuation of its public and private holdings as an investment/industrial company. Every single one of its affiliated businesses are either backed by infrastructural or at least pseudo...

Summary More bad news from the Siemens Gamesa subsidiary of Siemens Energy AG. Siemens Energy reduced profit guidance and now expects a loss similar to last fiscal year. Siemens Energy overpaid to get full control of Gamesa. The Siemens Gamesa timeline for a turnaround stretches...