Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Xetra  >  Siemens AG    SIE   DE0007236101

Real-time Quote. Real-time Tradegate - 08/26 10:32:08 am
106.995 EUR   -0.24%
08/25 SIEMENS : Van Oord wraps up Gemini job
08/25SIEMENS AG : No turn-around in sight
08/22 SIEMENS : Software package and information systems
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Siemens AG : Deutsche Bahn Seeks Compensation From Siemens For Delivery Delay-Report

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/20/2012 | 01:57pm CEST

German railways company Deutsche Bahn AG seeks EUR45 million to EUR50 million compensation from Siemens AG (SI) for the late delivery of 16 ICE-3 trains, Bild am Sonntag says Sunday, attributing its information to industry sources.

The trains should have been in operation with Deutsche Bahn already in 2011 but Siemens would deliver eight to ten ICE-3 trains to the railways company only this year, after a one-year delay, according to Bild am Sonntag, which adds that the trains should be running in December.

Deutsche Bahn chief Ruediger Grube and Siemens Chief Peter Loescher have discussed a 17th ICE train to be delivered free of change, Bild am Sonntag says, adding that Siemens, according to railways experts, has "massive" problems with the suppliers of high-speed trains.

A Siemens spokesman told Dow Jones Newswires that he had no new information on the negotiations between Deutsche Bahn and Siemens, but either a cash penalty or a 17th train is the subject of negotiations.

A train would cost around EUR30 million, and an amount of this magnitude has already been booked since the first quarter, the spokesman said, adding it wasn't clear to him where the reported compensation figure of EUR45 million to EUR50 million came from.

Newspaper website: http://www.bild.de

-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SIEMENS AG
08/25 SIEMENS : U.S. Patents Awarded to Inventors in Delaware (Aug. 25)
08/25 SIEMENS : and INSIGHTEC Sign Agreement to Expand Access to Exablate Neuro Techno..
08/25 SIEMENS : Van Oord wraps up Gemini job
08/25 SIEMENS : Healthcare Diagnostics Assigned Patent
08/22 SIEMENS : Software package and information systems
08/22 GENERAL ELECTRIC TO SUBMIT BID FOR A : media
08/22 SIEMENS : Germans to build petchem plants in Iran
08/21 SIEMENS : and INSIGHTEC sign agreement to expand access to Exablate Neuro techno..
08/20 ADVERTORIAL : An African energy revolution driven by gas
08/19 SIEMENS : Beatrice 'will make a huge contribution' to energy needs
More news
Sector news : Industrial Conglomerates
08/25 Japan's ANA finds problem with Boeing 787 Rolls-Royce engines, cancels some f..
08/25DJSelf-Driving Taxis Hit the Road in Singapore
08/23DJU.S. Lawmakers Plan Hearing Over Wave of Agriculture Mergers
08/23DJBank of Montreal's Profit Rises
08/23DJSIME DARBY BERHAD : Malaysia's Sime Darby Calls Public Listing of Motor Assets '..
More sector news : Industrial Conglomerates
News from SeekingAlpha
08/22 REPORT : GE nears submitting bid to acquire Adwen
08/10 SIEMENS : A Look At Recent Quarterly Results
08/09 Virtual Power Plants Become A Reality
08/05 REUTERS : Crimea power project finalizes plan to use turbines from Siemens
08/04 Siemens raises full-year guidance on strong growth in energy operations
Advertisement
Financials (€)
Sales 2016 79 709 M
EBIT 2016 7 824 M
Net income 2016 5 461 M
Debt 2016 15 367 M
Yield 2016 3,39%
P/E ratio 2016 15,92
P/E ratio 2017 14,63
EV / Sales 2016 1,34x
EV / Sales 2017 1,28x
Capitalization 91 163 M
More Financials
Chart SIEMENS AG
Duration : Period :
Siemens AG Technical Analysis Chart | SIE | DE0007236101 | 4-Traders
Full-screen chart
Technical analysis trends SIEMENS AG
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 29
Average target price 107 €
Spread / Average Target -0,65%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Josef Kaeser Chairman-Management Board
Gerhard Cromme Chairman-Supervisory Board
Ralf Peter Thomas Chief Financial Officer
Siegfried Russwurm Chief Technology Officer
Michael Diekmann Member-Supervisory Board
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
SIEMENS AG17.88%103 592
GENERAL ELECTRIC COMPA..0.19%279 770
3M CO19.21%108 435
HONEYWELL INTERNATIONA..12.75%88 840
E I DU PONT DE NEMOURS..5.47%61 526
JARDINE MATHESON HOLDI..22.41%43 385
More Results