Group 1 - Siemens shares experienced a significant increase of over 8% following news of a new infrastructure program in Germany, outperforming the S&P 500's 1.2% rise [1] - The political landscape in Germany is shifting after recent elections, with potential governing coalition partners negotiating economic measures [2] - A key proposed measure is the easing of the "debt brake," which would allow the German government to increase borrowing for spending [3] Group 2 - The proposed measures include a substantial 500 billion euro ($527 billion) infrastructure fund, aimed at enhancing spending on defense and infrastructure [4] - The current government coalition is likely to have a better chance of passing these measures due to the required two-thirds majority in parliament [5] - Siemens is well-positioned to benefit from these initiatives, given its involvement in both defense and infrastructure sectors, ensuring it is likely to secure contracts [6]

Core Insights - Siemens experienced a stock price increase of over 1% following its latest earnings release, outperforming the S&P 500 index on that day [1] Financial Performance - Siemens reported a 3% year-over-year revenue increase in Q1 of fiscal 2025, totaling 18.4 billion euros ($19.2 billion) [2] - Orders increased across all industrial segments except for Mobility, leading to an overall 7% decline in total orders to slightly more than 20 billion euros [2] - The company's net income surged by 52% to nearly 3.9 billion euros, equating to 4.86 euros per share, compared to 2.5 billion euros in Q1 of fiscal 2024 [3] - Consensus analyst estimates for revenue were slightly above 18 billion euros, while the foundational industrial segment was estimated at 2.4 billion euros, with Siemens reporting 2.5 billion euros [3] Analyst Reactions - Following the strong quarterly performance, analysts raised their price targets for Siemens stock, with Morgan Stanley's Max Yates increasing his target to 240 euros per share and RBC Capital's Mark Fielding raising his target to 245 euros [4] - Both analysts maintained their buy recommendations for Siemens stock [4] Strategic Outlook - CEO Roland Busch indicated that Siemens is positioned to thrive despite current politically motivated tariff regimes and potential countermeasures [4]

Financial Data and Key Metrics Changes - Group orders reached €20.1 billion, which is 8% below the prior year, with a book-to-bill ratio of 1.09% [8][11] - Revenue growth for the group was 3%, with strong contributions from Mobility and Smart Infrastructure [11][12] - Earnings per share pre-PPA reached €2.22, and free cash flow was €1.6 billion [14][53] Business Line Data and Key Metrics Changes - Digital Industries (DI) orders were €4.2 billion, 6% above the prior year, with a book-to-bill of 1.04% [29] - Automation revenue in DI was down 19% to €2.7 billion, while the software business grew by 15% [33] - Smart Infrastructure saw orders up 5% to €6.2 billion, driven by a 10% growth in the electrification business [41][42] Market Data and Key Metrics Changes - The Americas region saw a 17% increase in revenue, while EMEA was flat and Asia/Australia was down 4% [12] - Orders in China increased sharply by 14% year-over-year, indicating a recovery in that market [37] - Revenue growth in the U.S. was particularly strong at 20%, driven by data center demand [46] Company Strategy and Development Direction - Siemens aims to position itself as a "ONE Tech Company" with a focus on customer-centricity and profitable growth, highlighted by the acquisition of Altair [18][19] - The company is enhancing its leadership in sustainability, with significant reductions in CO2 emissions and contributions to customer decarbonization [15][16] - Siemens is leveraging AI to improve decision-making and productivity across its industrial sectors [21][22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving fiscal 2025 guidance despite ongoing macroeconomic uncertainties and destocking challenges [55][110] - There are expectations for improving trends in the second half of fiscal 2025, particularly in automation and software sectors [38][112] - The company is closely monitoring tariff disputes and their potential impact on the macro environment [39][120] Other Important Information - Siemens Healthineers is expected to ramp up synergies following a significant investment, with no immediate plans for deconsolidation [78][82] - The company reported a €2.1 billion gain from divesting Innomotics, strengthening its liquidity position [52][54] - Free cash flow performance was strong, with a focus on maintaining double-digit cash returns for the fiscal year [53][134] Q&A Session Summary Question: Insights on Software Business Orders - Management acknowledged a strong first quarter in the EDA business but indicated that this level may not be sustainable in the following quarters [62][64] Question: Clarification on Healthineers Stake - Management confirmed that decisions regarding Healthineers will be made thoughtfully, with a strategy update expected at the Capital Markets Day [78][82] Question: Dynamics of DI Margins - Management noted that while software profitability was strong in the previous year, it is expected to normalize, with a focus on maintaining margins [90][92] Question: Confidence in DI Growth Guidance - Management expressed high confidence in achieving growth guidance, citing early signs of recovery in new orders, particularly in automation [110][112] Question: Free Cash Flow Dynamics - Management highlighted strong free cash flow performance driven by advanced payments, particularly in the data center business [130][134]

Company Performance - Siemens AG shares increased by 3.6% to close at $106.90, with a notable trading volume compared to normal sessions, and a total gain of 4.5% over the past four weeks [1] - The company is expected to report quarterly earnings of $1.05 per share, reflecting a year-over-year decline of 34.4%, with revenues projected at $18.7 billion, down 5.7% from the previous year [4] Recent Contracts and Projects - Siemens secured a $24.3 million contract for the electrification of the Sivok-Rangpo rail line in India, utilizing advanced technologies such as a rigid overhead catenary system and predictive maintenance solutions [2] - Siemens eMobility was chosen as the technology partner for two significant electric vehicle charging infrastructure projects in Italy, collaborating with Autolinee Toscane for 73 charging points and with IPLANET for 120 locations featuring 300-400 kW Siemens chargers [3] Earnings Estimates and Market Position - The consensus EPS estimate for Siemens has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [5] - Siemens holds a Zacks Rank of 3 (Hold), indicating a neutral outlook in the market [5]

Telefonica, S.A. (TEF) recently joined forces with Siemens (SIEGY) to facilitate the digitalization and automation of industries in Spain, harnessing advanced connectivity, cutting-edge technologies like 5G and IoT, and modern solutions such as the Digital Twin and artificial intelligence (AI). The initiative aims to transform production processes, empowering factories and businesses to unlock the potential of digital innovation.Synergies between TEF’s state-of-the-art network infrastructure and Siemens’ in ...

知识自动化 . 洞察全球产业，讲好制造故事 以下文章来源于知识自动化 ，作者林雪萍 易赋 软件收购。 作者 | 林雪萍 易赋 来源 | 知识自动化 （ID：zhishipai） 2016年微软收购领英软件达到了262亿美元，已经是天价市场。而现在，工业软件的交 易，跟全球最热门的社交软件已经达到同一水平。这也意味着，工业知识从来未曾得到 如此高的估值。工业软件，进入活火山一般的活跃交易期，而且往往都是以大型交易为 主力战场。 不对称勇士的新去处 在2024年欧特克Autodesk收购了Datum360，几乎是一次悄无声息的收购。可能后者 只有400万美元的销售体量，不足以引起人们的重视。然而，Datum360这种20人左 右，年收入3000万人民币其实已经是工业软件缝隙里最常见的"局部的王者"。它们最 擅长的是以不对称的战法，以最小的战略资源来获得适者生存的权力。 这类软件企业，可以跟海洋里最明显的比例不对称勇士——招潮蟹相比。绝大多数生命 的身体结构，都表现出某种形式的对称性。然而招潮蟹雄蟹的一只钳子，要比另外一只 大很多。而这只"突出的鳌钳"，跟身体比例相比也过于强大。这为它带来了丰沛的战斗 力。 这些招 ...

Analyst’s Disclosure: I/we have a beneficial long position in the shares of SMAWF either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Disclaimer: The contents of this article, my previous articles, and my comments are for informational purposes only and may not be considered ...

Siemens Aktiengesellschaft (OTCPK:SIEGY) Q4 2024 Earnings Conference Call November 14, 2024 4:00 AM ET Company Participants Tobias Atzler - Senior Manager, IR Roland Busch - President & CEO Ralf Thomas - CFO Conference Call Participants Martin Wilkie - Citi James Moore - Redburn Atlantic Andrew Wilson - JPMorgan Jonathan Mounsey - BNP Paribas Max Yates - Morgan Stanley Ben Uglow - Oxcap Analytics Simon Toennessen - Jefferies Alexander Virgo - Bank of America Merrill Lynch Phil Buller - Berenberg Gael de-Bra ...

Core Insights - Siemens AG (SIEGY) is currently rated as a 1 (Strong Buy) by Zacks, indicating a stronger earnings outlook compared to W.W. Grainger (GWW), which holds a Zacks Rank of 3 (Hold) [1] - The analysis of traditional financial metrics shows that SIEGY has a forward P/E ratio of 15.22, significantly lower than GWW's forward P/E of 27.97, suggesting SIEGY may be undervalued [2] - SIEGY's PEG ratio is 2.55, while GWW's PEG ratio is 3.02, indicating that SIEGY has a more favorable earnings growth outlook relative to its valuation [2] - The P/B ratio for SIEGY is 2.63, compared to GWW's P/B of 14.73, further supporting the argument that SIEGY is a better value option [2] - Overall, SIEGY has a Value grade of B, while GWW has a Value grade of C, reinforcing the conclusion that SIEGY is the superior value investment at this time [3]

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...