Siemens Healthineers Sees Positive Outlook with Potential Stake Reduction by Parent Company
Siemens Healthineers' CEO expressed optimism regarding parent company Siemens' consideration to reduce its stake in the company. CEO Bernd Montag stated that a higher free float would benefit the company's long-term growth and share performance.
In December, Siemens' CFO announced a review of the company's 75% majority stake. An update is expected at a capital markets day in late 2025.
Healthineers noted that while Siemens provides most of its debt financing, it has a grace period to refinance in the event of a substantial stake reduction. "We have refinanced part of it in recent years at higher interest rates," said CFO Jochen Schmitz. "We are well-prepared to navigate that process and will be ready if it occurs."