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    ENR   DE000ENER6Y0

SIEMENS ENERGY AG

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Siemens Energy Wins Contract to Electrify a Biorefinery in Germany

06/23/2021 | 10:07am EDT

By Giulia Petroni

Siemens Energy AG on Wednesday said that it will electrify Finnish company UPM-Kymmene Oyj's biorefinery in Leuna, Germany.

The German energy player said it will supply electrification, automation, and digitalization packages for the biorefinery, which is currently under construction and scheduled to start up in late 2022.

The industrial-scale facility will produce green biochemicals without the use of fossil-based raw materials, according to the company.

Write to Giulia Petroni at giulia.petroni@wsj.com

(END) Dow Jones Newswires

06-23-21 1006ET

Stocks mentioned in the article
ChangeLast1st jan.
SIEMENS ENERGY AG 1.18% 23.13 Delayed Quote.-24.50%
UPM-KYMMENE OYJ -0.49% 32.75 Delayed Quote.8.04%
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Analyst Recommendations on SIEMENS ENERGY AG
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Financials
Sales 2021 28 814 M 33 923 M 33 923 M
Net income 2021 -518 M -610 M -610 M
Net cash 2021 1 924 M 2 266 M 2 266 M
P/E ratio 2021 -33,6x
Yield 2021 0,55%
Capitalization 16 224 M 19 087 M 19 101 M
EV / Sales 2021 0,50x
EV / Sales 2022 0,46x
Nbr of Employees 91 000
Free-Float 58,3%
Chart SIEMENS ENERGY AG
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Siemens Energy AG Technical Analysis Chart | ENR | DE000ENER6Y0 | MarketScreener
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 15
Last Close Price 22,86 €
Average target price 32,47 €
Spread / Average Target 42,0%
EPS Revisions
Managers and Directors
Christian Bruch President & Chief Executive Officer
Maria Ferraro Chief Financial & Diversity Officer
Josef Kaeser Chairman-Supervisory Board
Günter Augustat Member-Supervisory Board
Manfred Bäreis Member-Supervisory Board