Siemens: Siemens Healthineers continues spin off
(CercleFinance.com) - Siemens Healthineers - which is preparing to list on the the Frankfurt Stock Exchange - today unveiled its strategy to bolster its market leadership by 2025 and beyond.
In a press release, Siemens' healthcare unit said that its core markets are estimated to be worth over 50 billion euros per year and expects these markets to grow from 2016 to 2021 by 3%-to-5% p.a. on average.
Based on these assumptions, Siemens Healthineers expects comparable revenue growth of between three and four percent for 2018, similar to the average growth rate of 3.8% over the last three years.
In fiscal year 2017, which closed in last September, Siemens' future separate listed entity had revenue of 13.8 billion euros, with an adjusted profit of 2.5 billion euros.
Siemens Healthineers' listing is planned for the first half of 2018.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
In a press release, Siemens' healthcare unit said that its core markets are estimated to be worth over 50 billion euros per year and expects these markets to grow from 2016 to 2021 by 3%-to-5% p.a. on average.
Based on these assumptions, Siemens Healthineers expects comparable revenue growth of between three and four percent for 2018, similar to the average growth rate of 3.8% over the last three years.
In fiscal year 2017, which closed in last September, Siemens' future separate listed entity had revenue of 13.8 billion euros, with an adjusted profit of 2.5 billion euros.
Siemens Healthineers' listing is planned for the first half of 2018.
Copyright (c) 2018 CercleFinance.com. All rights reserved.