Siemens:: Investors are putting pressure on

Munich Siemens boss Roland Busch can step up to the shareholders at the annual general meeting on Thursday with a big chest. With a record operating profit, the group is making its way towards the digital group.

But the transformation is still not happening fast enough for investors. “The path to becoming a digital group has been taken, but it will still take a long time,” says Ingo Speich, Head of Sustainability and Corporate Governance at Deka Investments. Siemens must manage “through targeted acquisitions and organic further development to advance digitization and to reduce the gap to the competition”.

In addition to acquisitions in the digital sector, important investors are already demanding the next split. “In the medium term, we expect a sale of the stake in Siemens Energy and a separation from Siemens Healthineers in order to get a focused technology group without a conglomerate discount,” says fund manager Vera Diehl from Union Investment to the Handelsblatt.