Business Standard

Siemens Q4 earnings damp squib, but strong revenue expected

Rising commodity and logistics costs impacted margins in Sept qtr and remain an overhang

The Siemens logo is seen on a building in Siemensstadt in Berlin, Germany
Premium

Aditi Divekar Mumbai
Siemens’ shares declined 5.5 per cent to Rs 2,152 apiece on the BSE on Thursday as the company's earnings missed Street estimates amidst pressure on margins.

Yet, most brokerages have a neutral, buy or outperform recommendation even as cost pressures may continue in the near-term. They believe that Siemens is poised to benefit in the long term as private capital expenditure improves, thanks to diverse end-market exposure and product portfolio. 

“The company’s addressable market opportunity has been expanding, led by improving private capex spending and larger manufacturing footprint. Unlike peers, Siemens is a play on both public infrastructure, private capex revival with

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 26 2021 | 1:06 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com