Siemens - Decent Performance, Margins Impacted: ICICI Direct

BQ Blue’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 BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..ICICI Direct Report.Siemens Ltd. is a leader in technology solutions for smart, intelligent, building technologies, mobility, digital industries and power transmisson and distribution. It operates mainly in five key segments including energy, gas and power (34%), smart infrastructure (33%), digital industries (22%), mobility (7%). Well placed to gain from the overall energy market transformation from electrification to automation & digitisation.Siemens reported decent Q4 FY21 results amid disruptions.Key triggers for future price performance: Strong focus on technology leadership in digitisation and automation products to further strengthen its market share. Strong demand for short cycle products with clear traction form steel, cement, chemical, pharma, fertiliser industries to drive strong growth and margin expansion in smart infrastructure and digital industries segments.We expect revenue, Ebitda to grow at compound annual growth rate of ~11%, 16.4%, respectively, in FY21-23E owing to strong traction in short cycle products and service..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint 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 BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Siemens - Decent Performance, Margins Impacted: ICICI Direct

Siemens - Decent Performance, Margins Impacted: ICICI Direct

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