Siemens’ forward-looking approach makes it popular with investors. Thinking about investing in Siemens stock? First, take a look at our guide.
Whatever the field, investing in forward-thinking companies is always a good investing strategy. Siemens offers high-tech products and services for companies and individuals.
Refine your stock market strategy by taking a look at this article, in which we provide relevant information about Siemens.
In 1847, Werner von Siemens founded Siemens and went into the telegraph business. After decades of evolution and expansion, Siemens is now one of the world's leading companies in electronics and electrical engineering. The company is also active in fields such as infrastructure and intelligent buildings, energy solutions, digital solutions, automation solutions, mobility solutions, medical equipment and household appliances, and corporate finance solutions.
The group has several subsidiaries. These include Siemens Healthineers, Siemens Energy, Siemens Mobility, Siemens PLM Software, and Siemens Financial Services. The company operates in more than 190 countries with over 293,000 employees.
The shareholder structure of the Siemens Group is as follows:
Note that major investors of international renown hold shares in Siemens, such as :
Siemens operates at a multi-sectoral and international level with multiple competing companies in each industry and location. Direct competitor to Siemens include:
Siemens achieved sales of €57,139 million in 2020. The net profit attributable to the company in 2020 was €4,200 million.
The group's revenues can be broken down as follows:
The geographical breakdown of revenues is as follows: 22% in the United States, 23.8% in Asia and Australia, 17% in Germany, 32% in the rest of Europe with The Middle East and Africa, 4.4% in the rest of America.
Siemens shares are listed on the NYSE in the United States and on the Traded but not listed Brussels stock exchange. The Siemens share is included in the calculation of the Dax30 stock market index, and has a market value of 119,204 million euros. The number of shares issued is 850 million.
Siemens has a good reputation as an innovative group. The group's patents and technical innovations influence both the industry and the group's share price.
The company makes a lot of investments in research and development. The cost and impact of these investments influence Siemens stock.
Announcements of results or new activities of the group's competitors can also impact Siemens share prices.