At its meeting today, the Supervisory Board
of Siemens AG decided to renew the appointment of Managing Board member Ralf P.
Thomas (60). The term of the company’s chief Financial Officer of Siemens AG
will run until December 14, 2026.
- Arvato Financial Solutions’ European locations to be equipped with Siemens’ Comfy workplace intelligence platform
- Enables flexible working for employees, provides data insights on office utilization
- Rollout and commissioning by 2022
- Promotes employee experience and hybrid work models
Siemens Smart Infrastructure will roll-out its Comfy workplace intelligence platform at Arvato Financial Solutions’ 30 European offices. Arvato Financial Solutions, a wholly-owned subsidiary of Germany-based Bertelsmann, is a European Fintech company with 7,000 employees in 15 countries. The roll-out of the platform and app will begin immediately, starting with two of Arvato Financial Solutions’ main offices in Germany: Baden-Baden in the state of Baden-Württemberg and Verl in the state of North Rhine-Westphalia. This will be followed by other locations in Germany and Scandinavia later this year. All other offices will be enabled with Comfy through the end of 2022. The Comfy platform will cover around 63,000 m2of office space.
- Revenue was €14.2 billion, nearly level with the same quarter a year ago, as increases at Siemens Healthineers and Mobility offset a decline at Digital Industries; orders declined 8%, to €15.1 billion, on sharply lower volume from large orders at Mobility
- On a comparable basis, excluding currency translation and portfolio effects, revenue declined 1% and orders came in 9% lower; the book-to-bill ratio of 1.06 remained well above one
- Adjusted EBITA Industrial Businesses was significantly lower at €1.6 billion, with all industrial businesses showing effects from the COVID-19 pandemic; Adjusted EBITA margin Industrial Businesses of 12.1% was held back also by severance charges of €0.2 billion, taking 1.2 percentage points
- Net income, including a loss of €0.3 billion from discontinued operations, was €0.7 billion compared to €1.9 billion in Q2 FY 2019, which benefited from income of €0.2 billion from discontinued operations as well as a lower tax rate; basic earnings per share (EPS) declined to €0.80
- Given the current situation, we can no longer confirm our original guidance for fiscal 2020; for our new guidance, see page 5 of this document
At the end of the second quarter of fiscal 2020, Gas and Power and Siemens Gamesa Renewable Energy (SGRE) were classified as held for disposal and discontinued operations. Prior-period amounts are presented on a comparable basis.
- Digital Transformation Consulting CNC for the development of an individual digitalization strategy
- Connection between the production network and higher-level networks even for third-party controllers through Brownfield Connectivity Services
At EMO 2019 in Hanover, Siemens is presenting the latest services for the digitalization of machine tools. With its "Digital Transformation Awareness & Consulting CNC", Siemens offers a consulting service for the development of an individual digitalization strategy. In addition to workshops for the identification of action areas and development of the digitalization strategy, target group-specific training sessions provide more in-depth knowledge and promote wider acceptance of the digital transformation. With Brownfield Connectivity Services, Siemens is also offering additional services: using a gateway, users can connect both Sinumerik CNCs and controllers and automation solutions from third-party providers to higher-level networks. Digital Transformation Awareness & Consulting CNC and Brownfield Connectivity Services are part of Digital Motion Control Services, which enable Siemens to support its customers on the path toward digitalization.