Siemens Q1 Results Review - Healthy Performance; Strong Outlook Intact: Prabhudas Lilladher

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .Prabhudas Lilladher Report.Siemens Ltd. reported strong quarterly performance with consolidated revenue up ~17.4% YoY and Ebitda margin expanding by 441 basis points YoY to 14.9%, led by higher volumes, better price extraction, softening commodity prices and healthy contribution from subsidiaries. We believe that segments such as data center, e-commerce, waste heat recovery, smart infra, digitalisation, automation, intralogistics, building automation, railway electrification, charging infrastructure, decarbonization, smart metering, smart grids etc. would be key growth drivers going ahead. Moreover, recent large order win in railways for 1,200 electric motive (9000 horse power), worth Rs 260 billion will augur well in long run. We remain positive on Siemens from a long-term perspective given-its strong and diversified presence across industries,focus on digitisation and automation products,product localisation,strong balance sheet, healthy public and private capex,focus on cost efficiencies andrecent large order wins in mobility business..Click on the attachment to read the full report:.Siemens, Eicher Motors, Bharat Forge, Torrent Power, CESC & More Q3 Results Review: HDFC Securities.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Siemens Q1 Results Review - Healthy Performance; Strong Outlook Intact: Prabhudas Lilladher

Recent large order win in railways for 1,200 electric motive (9000 HP), worth Rs 260 billion will augur well in long run.

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