Put companies on watchlist
Siemens Aktiengesellschaft
ISIN: DE0007236101
WKN: 723610
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

EN GIF 300X250

Siemens Aktiengesellschaft · ISIN: DE0007236101 · EQS - adhoc news (7 News)
Country: Germany · Primary market: Germany · EQS NID: 1388259
30 June 2022 07:03PM

Siemens Aktiengesellschaft: Siemens announces impairment of an at‐equity investment


DGAP-Ad-hoc: Siemens Aktiengesellschaft / Key word(s): Profit Warning
Siemens Aktiengesellschaft: Siemens announces impairment of an at‐equity investment

30-Jun-2022 / 19:03 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Munich, June 30, 2022

Disclosure of an inside information according to Article 17 MAR

 

Siemens announces impairment of an atequity investment

With Siemens Energy AG's Xetra closing share price of €13.99 on June 30, 2022, the market value of Siemens’ 35% investment in Siemens Energy AG (SE) is significantly below the book value. This leads to an impairment of the SE investment, resulting in a total non‐cash impact on net income of approx. €2.8 billion in the third quarter of financial year 2022.

All results for the third quarter and their consequences on the outlook for the current financial year will be published on August 11, 2022.

 

Contact:
Dr. Eva Riesenhuber
Head of Siemens Investor Relations
Werner-von-Siemens-Str. 1
80333 Munich
+49 (0) 89-7805-32474
investorrelations@siemens.com

30-Jun-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Siemens Aktiengesellschaft
Werner-von-Siemens-Str. 1
80333 München
Germany
Phone: +49 (89) 7805 0
Fax: +49 (89) 7805 32475
E-mail: investorrelations@siemens.com
Internet: www.siemens.com
ISIN: DE0007236101
WKN: 723610
Indices: DAX, EURO STOXX 50,
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1388259

 
End of Announcement DGAP News Service

1388259  30-Jun-2022 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1388259&application_name=news&site_id=boersengefluester_html
Visual performance / price development - Siemens Aktiengesellschaft
Smart analysis and research tools can be found here.

This publication was provided by our content partner EQS3.

EQS Newswire
via EQS - Newsfeed
EQS Group AG ©2024
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

SMART * AD
EN GIF 970X250

P R O D U C T   S U G G E S T I O N S

The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.


The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.

If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.

For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.


1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.