S&P
Global Ratings announced today that it has upgraded its long-term issuer rating
on Siemens AG to AA- from A+, the outlook remaining stable. According to
S&P Global Ratings, “Siemens AG continues to
successfully transform its industrial portfolio by focusing on high margin
businesses that have leading market positions and benefit from secular trends
like digitalization and decarbonization, while also divesting its lower margin
or more volatile businesses.”For the past
15 years, the rating agency has maintained an A+ rating for Siemens AG.“The upgrade
in our rating underlines once again Siemens AG’s financial strength. We
are pleased that S&P Global Ratings has given fitting recognition
to our outstanding cash performance and strong operating results. Our AA- rating
puts us well ahead of our peers and is a pleasant privilege”, said Ralf P. Thomas,
Chief Financial Officer of Siemens AG.
- Hydrogen generation plant with electrical capacity of 8.75 megawatts opened in Wunsiedel
- Facility to generate 1,350 tons of hydrogen a year and cut CO2 emissions by about 13,500 tons
- Opening attended by Bavarian Minister-President Markus Söder and Siemens Managing Board member Matthias Rebellius
- Siemens is technology and financing partner
In Wunsiedel, Upper Franconia,
one of Germany’s largest green hydrogen generation plants has been planned
digitally and commissioned by Siemens, demonstrating the key role hydrogen can
play in Germany’s energy future.
Around
one year after the official groundbreaking ceremony, Bavaria’s Minister-President
Markus Söder, Siemens Managing Board member Matthias Rebellius and Siemens Financial
Services CEO Veronika Bienert handed over the plant to the operating company
WUN H2, represented by Managing Directors Thilo Rießner and Philipp Matthes.
- Siemens is expanding its ecosystem and is for the first time offering its partners’ solutions specifically designed for additive manufacturing on the Siemens Xcelerator Marketplace
- Castor, EOS, and AMbitious are the first partner offerings that complement the Siemens solutions; they’re appropriate for users entering the field of additive manufacturing
- Accelerate the industrialization of AM with Siemens Xcelerator and easy-to-use, interoperable, and end-to-end ecosystem solutions
Over the last few years, Siemens has successfully built an ecosystem that encompasses numerous partnerships along the entire value chain for the industrialization of additive manufacturing. This includes more than 110 machine manufacturing companies that produce the highest-quality components based on Siemens automation as well as leading producers offering integrated software solutions.
- With key leadership decisions, Supervisory
Board demonstrates confidence in the strategy and trajectory of Siemens AG as a
leading technology company
- Announcement of five-year contract
extension for Roland Busch (59) as President and CEO, from April 1, 2025
- Intention confirmed to extend appointment
of Cedrik Neike (51), member of the Managing Board and CEO of Digital
Industries, for a further five years from June 1, 2025
The Supervisory Board of Siemens AG confirmed a five-year contract extension for President and Chief Executive
Officer Roland Busch from April 1, 2025. The move is a mark of support for the
strategy of Siemens as a leading technology company, with the current Managing
Board driving three years of record financial performance and the further
strategic development of the company.
- Siemens to integrate Amazon Bedrock into its Mendix low-code development platform to allow customers to create new and upgrade existing applications with the power of generative AI
- Access to Amazon Bedrock’s advanced generative AI technologies will help customers accelerate digitalization and tackle skilled labor shortages
- Mendix is an industry leader in low-code development with 50M end-users and more than 200,000 applications running on AWS across industrial, finance and other sectors
Siemens and Amazon Web
Services (AWS) are strengthening their partnership and making it easier for
businesses of all sizes and industries to build and scale generative artificial
intelligence (AI) applications. Domain experts in fields such as engineering
and manufacturing, as well as logistics, insurance or banking will be able to
create new and upgrade existing applications with the most advanced generative
AI technology. To make this possible, Siemens is integrating Amazon Bedrock - a
service that offers a choice of high-performing foundation models from leading
AI companies via a single API, along with security, privacy, and responsible AI
capabilities - with Mendix, the leading low-code platform that is part of the
Siemens Xcelerator portfolio.
Todd Weatherby
(58) has been appointed as Chief Executive Officer Siemens Advanta, leading the
professional services and consultancy business as of March 1, 2024. Todd has
held leadership roles in product management, business development and sales
with several technology companies including Oracle, Microsoft and Amazon. He
launched Amazon Web Services ProServe and led its impressive growth for a
decade from 2012.
Cedrik Neike, CEO Siemens Digital Industries
and the Member of the Managing Board responsible for Siemens Advanta, said;
“Todd has deep expertise in the professional services space within the tech
sector. As an experienced leader, he will support the continued growth of
Siemens Advanta. We welcome him to Siemens and look forward to supporting him
as he works to help our customers leverage the power of technology.”
- Atlantia S.p.A. finalizes the
acquisition of Yunex Traffic from Siemens Mobility for €950 million
Siemens Mobility has successfully
completed the sale of Yunex Traffic to Atlantia S.p.A. for €950 million. In
January 2022, Siemens had announced the contract signing to sell the Intelligent Road Infrastructure and Traffic Solutions
Business to Atlantia S.p.A. Following the required
approvals by the relevant authorities, the transaction has closed as of
June 30, 2022.
- On March 8, 1899, Siemens shares
were traded for the first time on the Berlin Stock Exchange
- As a result, Siemens is one of the
oldest continuously listed companies in German stock-exchange history
- Progressive internationalization of
shareholder structure
- One of
the world’s largest employee share programs
Today, Siemens is celebrating its 125th year on the stock exchange. On
March 8, 1899, Siemens shares were traded for the first time on the
floor of the Berlin Stock Exchange. As a result, Siemens is one of the oldest
continuously listed companies in Germany’s stock-exchange history. One hundred
and twenty-five years later, Siemens remains a leading technology company in
the fields of industry, infrastructure, transport, and healthcare and is one of
the top 100 most valuable companies in the world.
- France’s Derichebourg Multiservices installs 1,200 smart sensors from Siemens company Enlighted, to control HQ’s energy consumption
- Sensors are installed directly in the ceiling lights
- Data from the sensors has the potential to optimize building management, facility management and visitor experience
Derichebourg Multiservices, a provider of facility services for
companies and municipalities, has equipped its new headquarters in Créteil near
Paris with IoT solutions from Siemens subsidiary Enlighted. Enlighted’s smart
sensors are integrated directly into the LED lights in the new office space,
enabling Derichebourg Multiservices
to make significant energy savings to meet its own environmental goals, and
comply with government regulations requiring companies in France to achieve 40
percent energy savings by 2030.
- Progressive dividend policy with €0.45 increase over prior year
- High approval rates for all agenda items
At the Siemens AG Annual Shareholders’ Meeting that was held today, the shareholders decided by a large majority of 99.91 percent to approve
the Managing and Supervisory Boards’ proposal that a dividend of €4.70 per
share be distributed for fiscal 2023. As a result, Siemens has raised the
dividend €0.45 compared to the prior year and has continued to pursue its
progressive dividend policy in an impressive manner. In addition, the Annual
Shareholders’ Meeting voted by large majorities to ratify the acts of the
members of the Managing and Supervisory Boards for fiscal 2023. The number of
people following the Annual Shareholders’ Meeting worldwide peaked at more than 4,395. Around 147 questions were asked during
this year’s event, and about 64.38 percent
of the voting stock was represented.