Siemens Gamesa Facts and Figures
Siemens Alstom
Merger goals are sustainable and attractive in the long term
Financial impact for Siemens
Deal cash-neutral for Siemens with contribution of Siemens Mobility division plus
Rail Traction Drives business in exchange for shares in Alstom
Extraordinary dividends incl. control premium financed with Alstom liquidity
⚫ Pension underfunding as well as project related financing will be transferred
as part of Siemens's transaction perimeter
SIEMENS
Ingenuity for life
Pro-forma combined revenue (in €bn)
Alstom
Siemens
CAGR > 4%
> 20
15.3
Attractive synergies with upside: €470m expected latest four years after closing;
NPV of €4.7bn
7.3
.
EPS accretive after 2 years post closing
8.0
Double-digit margins expected to kick in by FY 2020
Listing as a public company provides flexibility
1) Means EBIT margin adjusted
Unrestricted
Page 31
Siemens AG 2018
New York, January 9, 2018
2016
Adj.
profit margin 1
8.0%%
2023
Adj.
profit margin
11-14%
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