ThemenmitKopf · 2024-11-14T13:12:13.335162Z

Siemens Q3 2024 $SIE Financial performance: Revenue: For fiscal year 2024, revenue increased by 1% to €75.9 billion (previous year: €74.9 billion). Earnings per share (EPS): Reached a record €10.54, an increase of 6% compared to the previous year (previous year: €9.93). Orders: Decreased by 6% to 84.1 billion euros (previous year: 89.4 billion euros), indicating a possible stagnation in demand. Balance sheet overview: Total assets: Increased to 147.8 billion euros (previous year: 145.1 billion euros). Cash and cash equivalents: Decreased slightly to 9.2 billion euros (previous year: 10.1 billion euros). Equity: Increase to 56.2 billion euros, underlining financial strength (previous year: 53.1 billion euros). Details of the profit and loss account: Gross profit: Increased slightly to 29.8 billion euros (previous year: 29.1 billion euros). Profit from continuing operations before tax: Increased marginally to 11.2 billion euros (previous year: 11.1 billion euros), indicating a stable operating performance. Cash flow overview: Cash flow from operating activities: Decreased slightly to 11.8 billion euros (previous year: 12.3 billion euros). Free cash flow from continuing operations: Sank slightly to 9.7 billion euros (previous year: 10.1 billion euros). Key figures and profitability metrics: Industrial division profitability: Remains stable at a margin of 15.5%, reflecting the efficiency of the operating divisions. Return on capital employed (ROCE): Increase to 19.1% (previous year: 18.6%), demonstrating effective use of capital and profitability. egment information: Digital Industries: Sales down 10% to €18.5 billion, indicating potential weakness in demand in this area, although the profit margin remained stable at 18.9%. Smart Infrastructure: Sales growth of 9% to €21.4 billion with a profit margin of 17.3%, indicating strong growth potential in infrastructure. Mobility: Sales growth of 9% to €11.4 billion with a margin of 8.9%, supported by high demand in the mobility sector. Competitive position: Siemens remains competitive with a solid capital structure and industry-leading credit rating. The ratio of net debt to EBITDA is a favorable 0.7x. Forecasts and management commentary: For fiscal 2025, Siemens expects comparable revenue growth between 3% and 7% and a book-to-bill of above 1. Adjusted EPS guidance (excluding PPA) is between €10.40 and €11.00. Risks and opportunities: Risks: Geopolitical uncertainties and challenges in the manufacturing sector could slow down growth. Opportunities: Siemens could benefit from investments in infrastructure and the rapidly growing markets for electrification and mobility. Summary of results: Positives: Record EPS of €10.54: High profit level despite challenges. Strong growth in Smart Infrastructure: Segment growth of 9%, benefiting from demand for smart infrastructure solutions. Robust free cash flow generation: Solid free cash flow of €9.7 billion, supporting dividend capacity. Improved return on capital employed (ROCE): Increase to 19.1% demonstrates efficient use of capital. Solid balance sheet: Increase in equity, underlining financial stability. Negative aspects: Decline in orders by 6%: A warning signal for future demand. Decline in the Digital Industries segment: 10% drop in sales could indicate structural weakness. Lower cash balances: Decline in liquidity, which could affect future flexibility. Slight decline in operating cash flow: Slight decline indicates potential efficiency losses. Challenges in the manufacturing sector: Overcapacity and weak demand could limit growth potential.

Siemens Q3 2024 $SIE (-2%)

Financial performance:

Revenue: For fiscal year 2024, revenue increased by 1% to €75.9 billion (previous year: €74.9 billion).
Earnings per share (EPS): Reached a record €10.54, an increase of 6% compared to the previous year (previous year: €9.93).
Orders: Decreased by 6% to 84.1 billion euros (previous year: 89.4 billion euros), indicating a possible stagnation in demand.

Balance sheet overview:

Total assets: Increased to 147.8 billion euros (previous year: 145.1 billion euros).
Cash and cash equivalents: Decreased slightly to 9.2 billion euros (previous year: 10.1 billion euros).
Equity: Increase to 56.2 billion euros, underlining financial strength (previous year: 53.1 billion euros).

Details of the profit and loss account:

Gross profit: Increased slightly to 29.8 billion euros (previous year: 29.1 billion euros).
Profit from continuing operations before tax: Increased marginally to 11.2 billion euros (previous year: 11.1 billion euros), indicating a stable operating performance.

Cash flow overview:

Cash flow from operating activities: Decreased slightly to 11.8 billion euros (previous year: 12.3 billion euros).
Free cash flow from continuing operations: Sank slightly to 9.7 billion euros (previous year: 10.1 billion euros).

Key figures and profitability metrics:

Industrial division profitability: Remains stable at a margin of 15.5%, reflecting the efficiency of the operating divisions.
Return on capital employed (ROCE): Increase to 19.1% (previous year: 18.6%), demonstrating effective use of capital and profitability.

egment information:

Digital Industries: Sales down 10% to €18.5 billion, indicating potential weakness in demand in this area, although the profit margin remained stable at 18.9%.
Smart Infrastructure: Sales growth of 9% to €21.4 billion with a profit margin of 17.3%, indicating strong growth potential in infrastructure.
Mobility: Sales growth of 9% to €11.4 billion with a margin of 8.9%, supported by high demand in the mobility sector.

Competitive position: Siemens remains competitive with a solid capital structure and industry-leading credit rating. The ratio of net debt to EBITDA is a favorable 0.7x.

Forecasts and management commentary: For fiscal 2025, Siemens expects comparable revenue growth between 3% and 7% and a book-to-bill of above 1. Adjusted EPS guidance (excluding PPA) is between €10.40 and €11.00.

Risks and opportunities:

Risks: Geopolitical uncertainties and challenges in the manufacturing sector could slow down growth.
Opportunities: Siemens could benefit from investments in infrastructure and the rapidly growing markets for electrification and mobility.

Summary of results:

Positives:

Record EPS of €10.54: High profit level despite challenges.
Strong growth in Smart Infrastructure: Segment growth of 9%, benefiting from demand for smart infrastructure solutions.
Robust free cash flow generation: Solid free cash flow of €9.7 billion, supporting dividend capacity.
Improved return on capital employed (ROCE): Increase to 19.1% demonstrates efficient use of capital.
Solid balance sheet: Increase in equity, underlining financial stability.

Negative aspects:

Decline in orders by 6%: A warning signal for future demand.
Decline in the Digital Industries segment: 10% drop in sales could indicate structural weakness.
Lower cash balances: Decline in liquidity, which could affect future flexibility.
Slight decline in operating cash flow: Slight decline indicates potential efficiency losses.
Challenges in the manufacturing sector: Overcapacity and weak demand could limit growth potential.

Gerit@Gerit

7Mon

Now at least you get paid for your post 😅😂

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ThemenmitKopf@topicswithhead

@Gerit I think the payment is just an incentive and will certainly not be carried out by the team itself for long. Otherwise, I've already done it before and anyone who wants to support me is welcome to do so, but the attention and likes of the readers would be more important to me than a few goodies.

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