Siemens Stronger Than Ever

Siemens Reports Record Profit and Separation from Healthineers

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The Separation from Siemens Healthineers Is Welcomed All Round

Siemens Healthineers itself welcomed the development, saying: "We appreciate the clarity. This is good news for Siemens Healthineers. We are continuing on our path to becoming a fully independent company, which we started with our IPO in 2018!" Healthineers will then benefit from a significantly higher free float, it is hoped, and should therefore become more attractive on the capital market. The separation of the two companies is ultimately a logical step, even if it is not easy. For IG Metall, at any rate, it is important that the separation creates viable conditions for employees. Among other things, the Group promises unchanged collective bargaining agreements, job security and the retention of the company headquarters in Germany. The planned transaction is now subject to final regulatory clarifications. Approval by the Annual General Meetings of both companies is also still required.

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