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Siemens Reports Growth but Expects Slower 2012

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bolaji.ojo
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Re: which areas Siemens is targeting
bolaji.ojo   11/15/2011 12:38:39 PM
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@Himanshugupta, Siemens is a big company with almost $100 billion in annual revenue so the increase in its R&D budget isn't as huge as it sounds. However, you are right to wonder what the company wants to spend the money on and I agree energy will be a major part.

Himanshugupta
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which areas Siemens is targeting
Himanshugupta   11/15/2011 11:34:52 AM
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Hi Jennifer, increasing RnD by 500Million is really a lot. In which areas is Siemens spending apart from gas turbine? I read a report on The Economist that the emerging nations are the most enery hungry and potential targets of the energy related investments.

Jennifer Baljko
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Re: What a powerhouse
Jennifer Baljko   11/15/2011 10:00:04 AM
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Hi. Here's a quick  recap of how a few other European companies are faring.

Philips: http://www.ebnonline.com/author.asp?section_id=1061&doc_id=233618

ST reported earnings a few weeks back: http://www.ebnonline.com/author.asp?section_id=1061&doc_id=234925&

And Infineon announces results tomorrow, which I'll post here as well.

Mr. Roques
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Re: What a powerhouse
Mr. Roques   11/14/2011 5:18:53 PM
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Great news from Siemens, and I guess it also has to do how Germany is doing, the EuroZone is going to pieces (Greece, Italy... and other to follow?) but Germany has been growing. Lets hope that it can continue to grow.

jbond
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re:
jbond   11/14/2011 7:35:37 AM
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It is great news that Siemens has been growing, and not exactly surprising that they are expecting a slowdown. The good news is that they are focusing on some emerging markets, and this should help the company grow for the long term.

TaimoorZ
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Re: What a powerhouse
TaimoorZ   11/14/2011 7:05:18 AM
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Interesting article, Jennifer. Any idea how other electronic giants (particularly the ones in Europe) are doing in terms of profits and growth? Comparing the performance with them will give a better idea of how Siemens is really doing.

Jennifer Baljko
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Re: What a powerhouse
Jennifer Baljko   11/13/2011 7:11:17 AM
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Hi

Yes, some pixie dust would be nice. And, as the others mention, it will be interesting to see how companies who know the economy is slowing respond and if Wall Street gives them some leeway in how numbers shake out the next few quarters.

 

Hospice_Houngbo
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Re: production and profit 2011 Vs 2012
Hospice_Houngbo   11/12/2011 9:58:07 AM
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The good news is that, those companies will have a good revenue margin before facing 2012 challenges and they might do relatively well next year as the market is promising due to recent change of heads in Europe.

FLYINGSCOT
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What a powerhouse
FLYINGSCOT   11/11/2011 6:22:33 AM
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I enjoyed your article.  It is great to see a company like Siemens doing so well.  I wish they could sprinkle some of their pixie dust over the rest of Europe.

Jacob
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production and profit 2011 Vs 2012
Jacob   11/11/2011 6:19:01 AM
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Jennifer, most of the companies are showing a better sales and profit rate in Q1-Q3 of 2011. But due to the economic slowdown and financial crises they are not expecting the same rate of growth and production in 2012. This is quiet natural and in such a situation, keeping a lower target is very much appreciable.



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