Siemens Energy: UBS still a seller
(CercleFinance.com) - UBS underlines the good start to FY 2025, particularly regarding FCF.
However, the analyst confirms his sell recommendation on the stock, with an unchanged TP of E38.
Siemens Energy announced preliminary results for Q1 2025, with orders of E13.7bn, down 10.2% y-o-y (on difficult comparatives), although ahead of consensus by c. 7%. Sales amounted to E8.9bn, up 18.4% from last year, and 5% ahead of consensus, UBS says.
Pre-tax free cash flow stood at E1.52bn in Q1 2025 (vs. -E283m in 2024).
The company expects to exceed its current pre-tax FCF target for FY 2025, set at E1bn, and to update this forecast when it announces its interim results.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as decision-making aids for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.
However, the analyst confirms his sell recommendation on the stock, with an unchanged TP of E38.
Siemens Energy announced preliminary results for Q1 2025, with orders of E13.7bn, down 10.2% y-o-y (on difficult comparatives), although ahead of consensus by c. 7%. Sales amounted to E8.9bn, up 18.4% from last year, and 5% ahead of consensus, UBS says.
Pre-tax free cash flow stood at E1.52bn in Q1 2025 (vs. -E283m in 2024).
The company expects to exceed its current pre-tax FCF target for FY 2025, set at E1bn, and to update this forecast when it announces its interim results.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as decision-making aids for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.