Siemens to spin off healthcare unit, which makes 40% of profit

Aidan Gregory

November 10, 2016 07:00 pm

Siemens HQ 230x150 — Der Name Siemens steht seit mehr als 160 Jahren für technische Leistungsfähigkeit, Innovation, Qualität, Zuverlässigkeit und Internationalität. Mit der Bündelung der Unternehmensaktivitäten in die vier Sektoren Energy, Healthcare, Industry und Infrastructure and Cities haben wir rechtzeitig die Weichen dafür gestellt, profitables und nachhaltiges Wachstum zu erreichen. For over 160 years, the Siemens name has stood for technical competence, innovation, quality, reliability, and an international perspective. By concentrating corporate activities in the four sectors of Energy, Healthcare, Industry and Infrastructure and Cities, we have set a well-timed course for achieving profitable and sustainable growth. | CHRISTIAN TILLE /Siemens AG

Siemens, the German engineering group, is planning to move ahead with a public listing of its healthcare business, it said as it released its fourth quarter earnings on Thursday morning.

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Aidan Gregory