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

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

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Siemens AG : German Court Gives Siemens Go-ahead With Osram Spinoff

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/10/2013 | 04:07pm CET

By Ursula Quass

FRANKFURT--Industrial conglomerate Siemens AG (SI) was given the go ahead Wednesday by a German court to spin off its lighting unit Osram.

Siemens had aimed for an initial public offering of the unit in the third quarter of last year, but financial market volatility made the management cancel the IPO and opt for a spinoff via distribution of free shares to shareholders.

And then, in mid-March the German company hit a hurdle with the timetable for the listing, after a group of shareholders challenged its spinoff plan. The plaintiffs cited in their complaint predominantly formal flaws at Siemens' annual general meeting at which the Osram stock exchange listing was approved.

(Nicky Redl and Friedrich Geiger contributed to the story)

Write to Ursula Quass at ursula.quass@dowjones.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SIEMENS AG
03/23 SIEMENS : German companies interested in train crossing South America - official..
03/22 PRESENTATION : "Siemens Vision 2020 – Focus on profitable growth" (Bank of..
03/21 Statoil confirms Sverdrup oilfield cost estimate
03/20 Austria joins up charging points to boost electric car usage
03/20 PRESENTATION : Driving the Digital Enterprise (Morgan Stanley Digital Day)
03/18DJVisiting CEOs Find Trump Receptive to German-Style Retraining
03/17 SIEMENS : At White House, Siemens CEO boosts commitment to American manufacturin..
03/17 SIEMENS : Eva Schulz-Kamm appointed global head of Government Affairs at Siemens
03/16DJJACK MA : Trump Is a Management Challenge for Overseas Business Leaders
03/14 SIEMENS : extends Digital Enterprise for greater efficiency and flexibility in i..
More news
Sector news : Industrial Conglomerates
03/24 FTSE posts worst weekly performance since January as U.S. healthcare vote loo..
03/24 TOSHIBA : plans Westinghouse Chapter 11 filing, expects $9 billion in charges - ..
03/24DJSMITHS : 1st Half Pretax Profit More Than Doubles
03/24 British engineer Smiths posts higher first-half profit, reaffirms FY outlook
03/24 Politics weigh as Korea's KEPCO eyes the Toshiba nuclear option
More sector news : Industrial Conglomerates
News from SeekingAlpha
03/23 PTC Looking To IoT To Drive The Next Leg
03/22 Siemens AG (SIEGY) Presents At Bank of America Merrill Lynch Global Industria..
03/21 Statoil again cuts cost of developing Sverdrup oilfield
03/17 WALL STREET BREAKFAST : G20 Finance Meeting Gets Underway
03/17 Merkel heads to the White House
Advertisement
Financials (€)
Sales 2017 83 589 M
EBIT 2017 9 093 M
Net income 2017 6 253 M
Debt 2017 17 623 M
Yield 2017 3,08%
P/E ratio 2017 15,89
P/E ratio 2018 15,13
EV / Sales 2017 1,47x
EV / Sales 2018 1,38x
Capitalization 105 485 M
More Financials
Chart SIEMENS AG
Duration : Period :
Siemens AG Technical Analysis Chart | SIE | DE0007236101 | 4-Traders
Full-screen chart
Technical analysis trends SIEMENS AG
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 30
Average target price 128 €
Spread / Average Target 3,1%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Josef Kaeser President & Chief Executive Officer
Gerhard Cromme Chairman-Supervisory Board
Ralf Peter Thomas Chief Financial Officer
Roland Emil Busch Chief Technology Officer
Helmuth Ludwig Chief Information Officer
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
SIEMENS AG6.25%113 537
GENERAL ELECTRIC COMPA..-6.27%257 952
3M CO7.60%114 822
HONEYWELL INTERNATIONA..8.35%95 485
E I DU PONT DE NEMOURS..9.75%69 650
JARDINE MATHESON HOLDI..18.28%47 376
More Results